CRAIG H. WELCH & Another v. COMMISSIONER OF REVENUE

APPEALS COURT

CRAIG H. WELCH & another[1] vs. COMMISSIONER OF REVENUE

Docket:

24-P-109

Dates:

January 14, 2025 – April 3, 2025

Present:

Grant, Brennan, & Toone, JJ.

County:

Suffolk

Keywords:

Taxation, Income tax, Capital gain, Abatement. Corporation, Stock. Sale, Of stock. Statute, Construction. Administrative Law, Agency's interpretation of statute.

Appeal from a decision of the Appellate Tax Board.

Michael J. Bowen (Eric P. Rothenberg also present) for the taxpayers.

Celine E. de la Foscade-Condon for Commissioner of Revenue.

GRANT, J. In this case, we consider whether the Commissioner of Revenue…