Partnership's Forex Trades Were Tax Sham, DC Circ. Affirms

By David Hansen · November 26, 2019, 6:03 PM EST

Ample evidence supported a U.S. Tax Court decision that a partnership rigged foreign currency trades with preset exchange rates to generate $144 million in sham tax losses, a District of Columbia...

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Case Information

Case Title

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

Case Number

18-1276

Court

Appellate - DC Circuit

Nature of Suit

Date Filed

October 03, 2018


Case Title

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

Case Number

18-1275

Court

Appellate - DC Circuit

Nature of Suit

Date Filed

October 03, 2018


Case Title

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

Case Number

18-1277

Court

Appellate - DC Circuit

Nature of Suit

Date Filed

October 03, 2018


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