SEGGERMAN FARMS, INC. v. COMM'R OF INTERNAL REVENUE, 01-3638
The Tax Court correctly upheld deficiency determinations for unreported recognizable gain, pursuant to 26 U.S.C. section 357(c), related to plaintiffs' transfers of property to their corporation.
- Decided 10/24/2002
- Published 10/24/2002
- BAUER, Circuit Judge., Before BAUER, ROVNER, and EVANS, Circuit Judges.
- United States Seventh Circuit
- For Appellant:
- David E. Alms (argued), Park Ridge, IL, for Petitioner-Appellant.
- For Appellees:
- Curtis C. Pett (argued), Thomas J. Clark, Claire Fallon, Department of Justice, Tax Division, Appellate Section, Washington, D.C., for Respondent-Appellee.