Auto Wrecking/Recyclers/Dismantlers/Scrap/Salvage Yards (Auto Parts: Used and Rebuilt)
This industry comprises one or more of the following: (1) establishments known as automotive supply stores primarily engaged in retailing new, used, and/or rebuilt automotive parts and accessories; (2) automotive supply stores that are primarily engaged in both retailing automotive parts and accessories and repairing automobiles; and (3) establishments primarily engaged in retailing and installing automotive accessories.
Mark W. Senda and Michele Senda v. CIR (Senda I)
The U.S. Tax Court determined that the limited partnership form should be disregarded for gift tax purposes when the contribution of property occurred on the same day as gifts of limited partnership units from the contributor to his children and where the ...
FLP Formalities Should Be Respected in Order to Obtain Tax Advantages of the FLP
The U.S. Tax Court determined that the limited partnership form should be disregarded for gift tax purposes when the contribution of property occurred on the same day as gifts of limited partnership units from the contributor to his children.