5th Circ. Told $40M Loss Is Deductible, Tax Court Erred

By David Hansen · July 16, 2018, 5:59 PM EDT

The U.S. Tax Court erroneously denied a tax deduction of almost $40 million last September because it mistakenly ruled the transaction behind it failed to meet the economic substance doctrine, a...

To view the full article, register now.

Documents

Case Information

Case Title

Keith Tucker, et al v. CIR

Case Number

17-60833

Court

Appellate - 5th Circuit

Nature of Suit

Tax Court 

Date Filed

December 19, 2017