Rost v. USA
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October 11, 2022
5th Circ. Rejects Bid To Rethink $690K In Trust Penalties
The Fifth Circuit on Tuesday rejected a request to rethink its decision upholding $690,000 in Internal Revenue Service late penalties for an estate whose founder allegedly failed to report a foreign trust.
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September 28, 2022
Estate Asks 5th Circ. To Rethink $690K Foreign Trust Penalties
An estate that received $690,000 in Internal Revenue Service late penalties for its founder's alleged failure to report a foreign trust asked the Fifth Circuit to rehear the case, saying its previous decision was biased and ignored case law.
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August 11, 2022
5th Circ. Denies Estate Penalty Refunds For Foreign Trust
The Fifth Circuit affirmed Thursday that a man's estate isn't owed about $690,000 in refunds over foreign trust reporting penalties he paid regarding a foundation he formed because he could've foreseen it was a foreign trust.
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March 15, 2022
5th Circ. Urged To Deny Foreign Trust Penalty Refunds
A man's estate isn't owed about $690,000 in refunds over foreign trust reporting penalties he paid regarding a foundation he formed, because he should have known it was a foreign trust, the U.S. government told the Fifth Circuit.