Raymond McGaugh v. CIR

In the United States Court of Appeals For the Seventh Circuit ____________________ No. 16‐2987 RAYMOND S. MCGAUGH, Petitioner‐Appellee, v. COMMISSIONER OF INTERNAL REVENUE, Respondent‐Appellant. ____________________ Appeal from the United States Tax Court. No. 13665‐14 — David Gustafson, Judge. ____________________ ARGUED FEBRUARY 22, 2017 — DECIDED JUNE 26, 2017 ____________________ Before BAUER and WILLIAMS, Circuit Judges, and DEGUILIO, District Judge. DEGUILIO, District Judge. This appeal from the Tax Court addresses whether a taxable distribution occurs where an individual directs his…