Michael A. Tricarichi, Transferee, Petitioner v. Commissioner of Internal Revenue
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October 07, 2019
High Court Won't Review Ex-Telecom Owner's $35M Tax Protest
The former owner of an Ohio telecommunications company who sold his stock in it to avoid paying corporate taxes is ultimately liable for a $35.1 million tax bill after the U.S. Supreme Court declined Monday to hear his appeal.
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June 10, 2019
9th Circ. Wrong On Stock Deals' $30M Tax Debt, Justices Told
The Ninth Circuit's application of Arizona law to an Ohio transaction to uphold a $30 million tax debt following transfer of a corporation's stock was incorrect and could have a chilling effect on acquisitions, the U.S. Supreme Court recently heard.