Partnership's $3.1B Loss Was Tax Sham, DC Circ. Affirms
By Amy Lee Rosen · March 23, 2021, 8:03 PM EDT
The IRS' decision to disallow more than $3.1 billion in losses by a partnership was correctly affirmed by the U.S. Tax Court because the losses were generated through a tax sham,...
To view the full article, register now.