[Download] "Nickell v. Commissioner of Internal Revenue" by United States Court Of Appeals For The Sixth Circuit " eBook PDF Kindle ePub Free

eBook details

Title: Nickell v. Commissioner of Internal Revenue
Author : United States Court Of Appeals For The Sixth Circuit
Release Date : January 27, 1987
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 78 KB

Description

The taxpayers, Jane Johnson and Joan Kincaid, appeal a Tax Court decision rejecting the deduction of certain legal expenses. The central issue in the case is whether Treas. Reg. Â§ 1.212-1(k) should be read to create an exception to the general rule of nondeductibility of expenses incurred to "recover" property. The proposed exception would render deductible, under I.R.C. Â§ 212, the expense of litigation to recover title or possession of stock.