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5th Circ. Affirms Denial Of $40M Deduction For FX Losses

By Vidya Kauri · April 3, 2019, 7:55 PM EDT

The Fifth Circuit upheld the U.S. Tax Court's denial of a nearly $40 million deduction for losses incurred by a former investment firm CEO, saying Wednesday that the losses were generated...

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Documents

Document

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

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