Frank Lyon Co. v. United States

Frank Lyon Company v. United States
Supreme Court of the 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
Chief Justice Warren E. Burger Associate Justices William J. Brennan Jr. · Potter Stewart Byron White · Thurgood Marshall Harry Blackmun · Lewis F. Powell Jr. William Rehnquist · John P. Stevens
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.