4th Circ. Urged To Reconsider $41M Stock Surrender Tax Row

By Theresa Schliep · August 10, 2020, 3:39 PM EDT

The Fourth Circuit should reconsider finding business partners in a distressed-debt company liable for taxes on $41.2 million in gains that they avoided by selling stock to themselves, the appeals court...

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Case Information

Case Title

Estate of Arthur E. Kechijian v. Comm of Internal Revenue

Case Number

18-2277

Court

Appellate - 4th Circuit

Nature of Suit

U.S. Tax Court 

Date Filed

October 29, 2018


Case Title

Larry Austin v. Commissioner of IRS

Case Number

18-2402

Court

Appellate - 4th Circuit

Nature of Suit

U.S. Tax Court 

Date Filed

November 26, 2018