Allbritton et al v. UNITED STATES OF AMERICA
Case Number:
4:15-cv-00275
Court:
Nature of Suit:
Judge:
Firms
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October 03, 2016
IRS Settles With Banker's Estate Over Tax On $140M In Art
The estate of a wealthy banker and communications giant has reached a settlement with the IRS over taxes on $140 million worth of art, according to a motion filed Friday in Texas federal court.
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August 03, 2016
Banker's Estate Seeks Tax Refund Over $140M Of Art
A banker's estate moved for a partial win against the Internal Revenue Service on Tuesday in a fight over taxes paid on $140 million worth of art, claiming the agency is making conflicting arguments over how the banker's estate and his company purportedly benefited economically from the art.
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July 26, 2016
Too Early To Decide Tax Fight Over $140M Of Art, IRS Says
The IRS urged a Texas federal judge not to rule in favor of a banker's estate in a fight over taxes paid on $140 million worth of art, saying it was too early to conclude whether the artwork was simply a corporate dividend in "disguise."
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June 20, 2016
Estate Says IRS Wrongly Painted Art Deal As Profitable
A banker's estate told a Texas federal judge that it wrongly paid $40.7 million in taxes and deserves a refund, arguing the Internal Revenue Service has admitted the estate did not actually make any money from supposedly distributing more than $140 million worth of art.
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February 02, 2015
Banker's Estate Seeks $41M Refund On Art Investment Taxes
The estate of a banker asked a Texas federal court on Friday for a refund of $40.7 million in taxes paid to the Internal Revenue Service, saying the agency mistakenly determined the banker had received a $140 million distribution of art and antiques.