United States Fourth Circuit

Because the obligation to pay interest on unpaid taxes cannot be discharged by paying the interest separately while challenging the tax deficiencies, income tax deficiency interest is eligible for treatment under 26 USC 172(f)(1) as a specified liability loss.

Appellate Information

• Argued 06/06/2001
• Decided 10/05/2001
• Published 10/05/2001

Judges

• Before WIDENER, NIEMEYER and LUTTIG, Circuit Judges.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED:  Edward T. Perelmuter, Tax Division, United States Department of Justice, Washington, DC, for appellant.  John Benjamin Magee, McKee, Nelson, Ernst & Young, L.L.P., Washington, DC, for appellee.   ON BRIEF:  Claire Fallon, Acting Assistant Attorney General, Stephen M. Schenning, United States Attorney, Thomas J. Clark, Tax Division, United States Department of Justice, Washington, DC, for appellant.  Hartman E. Blanchard, Jr., McKee, Nelson, Ernst & Young, L.L.P., Washington, DC, Dennis P. Bedell, Alan I. Horowitz, Shane T. Hamilton, Miller & Chevalier, Chartered, Washington, DC;  Richard A. Burton, Michael Slattery, Host Marriott Corporation, Bethesda, MD, for appellee.  Richard E. Zuckerman, Raymond M. Kethledge, Honigman, Miller, Schwartz & Cohn, L.L.P., Detroit, MI, for Amicus Curiae.