4th Circ. Affirms Stock Improperly Sold To Avoid Tax On $41M Gain

By Dylan Moroses · June 23, 2020, 2:07 PM EDT

Business partners in a distressed-debt company improperly sold stock to themselves to avoid taxes on $41.2 million in gains, the Fourth Circuit said in an opinion Tuesday, affirming a U.S. Tax...

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Documents

Case Information

Case Title

Estate of Arthur E. Kechijian v. Comm of Internal Revenue

Case Number

18-2277

Court

Appellate - 4th Circuit

Nature of Suit

U.S. Tax Court 

Date Filed

October 29, 2018


Case Title

Larry Austin v. Commissioner of IRS

Case Number

18-2402

Court

Appellate - 4th Circuit

Nature of Suit

U.S. Tax Court 

Date Filed

November 26, 2018