United States Fourth Circuit
Virginia Historic Tax Credit Fund v. Comm'r of Internal Revenue, 10-1333
In a tax dispute involving whether certain transactions between a partnership and its partners amounted to sales for purposes of federal tax law, I.R.C. section 707, judgment of trial court is reversed where transfer of tax credits for money qualifies as a transfer of property.
Appellate Information
- Decided 03/29/2011
- Published 03/29/2011
Judges
- DUNCAN
Court
- United States Fourth Circuit