| Frank Lyon Company v. United States | |
|---|---|
 | |
| Argued November 2, 1977 Decided April 18, 1978 | |
| Full case name | Frank Lyon Company v. United States |
| Citations | 435 U.S. 561 (more) 98 S. Ct. 1291; 55 L. Ed. 2d 550; 1978 U.S. LEXIS 22; 78-1 U.S. Tax Cas. (CCH) ¶ 9370; 41 A.F.T.R.2d (RIA) 1142 |
| Case history | |
| Prior | 536 F.2d 746 (8th Cir. 1976) |
| Court membership | |
| |
| Case opinions | |
| Majority | Blackmun, joined by Burger, Brennan, Stewart, Marshall, Powell, Rehnquist |
| Dissent | White |
| Dissent | Stevens |
| Laws applied | |
| 26 U.S.C. § 163 | |
Frank Lyon Company v. United States, 435 U.S. 561 (1978), was a United States Supreme Court case in which the Court held that the title owner that acquired depreciable real estate as if the owner were a mere conduit or agent was indeed the owner and, for Federal income tax purposes, had the legal right to take tax deductions associated with depreciation on the building.