IRS Never Proved Forex Traders' Rates Rigged, DC Circ. Told

By Vidya Kauri · February 27, 2019, 7:18 PM EST

A business partnership that traded in foreign currency derivatives appealed a U.S. Tax Court conclusion that its transactions were a sham, telling the D.C. Circuit on Tuesday that the IRS never...

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Case Information

Case Title

Satellite Partners Fund, LLC, et al v. Cmsnr. IRS

Case Number

18-1278

Court

Appellate - DC Circuit

Nature of Suit

Date Filed

October 03, 2018