United States Eleventh Circuit
Ocmulgee Fields, Inc. v. Comm'r of Int'l. Rev., 09-13395
In a petition for review of the tax court's determination that the taxpayer's like-kind exchange that interposed an intermediary between itself and a related party was not entitled to nonrecognition treatment, the order is affirmed where the record adequately supported the tax court's finding that the taxpayer structured its transactions to avoid the purposes of 26 U.S.C. section 1031(f).
Appellate Information
- Decided 08/13/2010
- Published 08/13/2010
Judges
- David M. Ebel
Court
- United States Eleventh Circuit