Caracci v. Commissioner (II)

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July 11, 2006

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8059 Nursing and Personal Care Facilities, NEC
623110 Nursing Care Facilities (Skilled Nursing Facilities)
federal taxation
Caracci v. Commissioner (II)
No. 02-60912 (5th Cir. 2006)
US
Federal Court
5th Circuit
United States Court of Appeals
Charles A. Wilhoite, Allen D. Hahn
Per Curiam

Summary

The U.S. Court of Appeals for the Fifth Circuit determined that the Tax Court erroneously valued the assets of a non-profit corporation that converted to a for profit corporation and rendered a decision for the taxpayer.
Caracci v. Commissioner (II)
PDF, Size: 116 KB

See Also

Taxpayers (and Their Valuator) Vindicated in Appeal of §4958 ‘Excess Benefit’ Transaction

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“Cascade of errors” by IRS and Tax Court lead to taxpayer’s (and valuator’s) total victory on appeal of home healthcare company.

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