9th Circ. Nixes Partnership's $62.4M Loss Deduction Claim

By Joseph Boris · July 14, 2020, 8:52 PM EDT

An IRS administrative adjustment that disallowed a Nevada partnership's $62.4 million loss deduction was timely and issued to the correct entity, the Ninth Circuit said Tuesday in affirming a decision from...

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Case Information

Case Title

West Ventures, L.P., et al v. CIR

Case Number

19-71134

Court

Appellate - 9th Circuit

Nature of Suit

Date Filed

May 10, 2019