Intel Corporation v. Commissioner

67 F.3d 1445 76 A.F.T.R.2d 95 -6825, 95-2 USTC P 50,581 , 95 Cal. Daily Op. Serv. 8089 , 95 Daily Journal D.A.R. 13 ,903 INTEL CORPORATION AND CONSOLIDATED SUBSIDIARIES, Petitioner-Appellee-Cross-Appellant, v. COMMISSIONER, INTERNAL REVENUE SERVICE, Respondent-Appellant-Cross-Appellee. Nos. 94-70105, 94-70158. United States Court of Appeals, Ninth Circuit. Argued and Submitted Aug. 15, 1995. Decided Oct. 16, 1995. Wayne S. Kaplan argued the case. With him on brief were Joel V. Williamson, Roger J. Jones, and Patricia Anne Flaming, Mayer, Brown & Platt, Chicago, Illinois, and James P. Fuller and Catherine L. Curtiss, Fenwick & West, Palo Alto, California, for petitioner-appellee-cross-appellant. Frank P. Cihlar, Gary R. Allen, Tax Division, United States Department of Justice, Washington, D.C., for the respondent-appellant-cross-appellee. On Appeal from the Decision of the United States Tax Court. Before: SNEED, KOZINSKI, and NOONAN, Circuit Judges. SNEED, Circuit Judge: 1 The Commissioner of Internal Revenue sought recovery of taxes from Intel Corporation and Consolidated Subsidiaries ("Intel") for the years 1978 through 1980 in the respective amounts of $4,660,900,…