$35.5M IRS Loss Adjustment Too Late, 9th Circ. Told

By Dylan Moroses · January 5, 2021, 2:24 PM EST

The IRS shouldn't have disallowed a partnership's $35.5 million loss deduction because the statute of limitations on its liability had expired, the partnership told the Ninth Circuit, urging it to reverse...

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Case Information

Case Title

Seaview Trading, LLC, AGK Inve v. CIR

Case Number

20-72416

Court

Appellate - 9th Circuit

Nature of Suit

Date Filed

August 13, 2020