Legal Opinion
Guy R. Baxter v. Commissioner of IRS
Court of Appeals for the Fourth Circuit
Decided December 7, 2018No. 17-2402PublishedCited by 7 opinions
1Opinion of the Court
WYNN, Circuit Judge:
Taxpayers Lonnie Curtis Baxter ("Ms. Baxter") and her husband Guy R. Baxter (collectively, with Ms. Baxter, "Taxpayers") appeal an opinion and decision of the United States Tax Court imposing back taxes and penalties attributable to Taxpayers' use of what appellee Commissioner of Internal Revenue (the "Commissioner") deemed to be an unlawful tax shelter. See Curtis Inv. Co., LLC v. Comm'r , 114 T.C.M (CCH) 141 , 2017 WL 3314283 (2017). On their 2000 tax return, Taxpayers claimed substantial capital losses attributable to a Custom Adjustable Rate Debt Structure ("CARDS")…
2Cases cited32 opinions
- Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
- Gregory v. HelveringSupreme Court of the United States · 1935
- Minnesota Tea Co. v. HelveringSupreme Court of the United States · 1938
- Rice's Toyota World, Inc. (Formerly Rice Auto Sales, Inc.) v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1985
- The Black & Decker Corporation v. United StatesCourt of Appeals for the Fourth Circuit · 2006
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3Cited by7 opinions
- Thomas Porter v. Harold ClarkeCourt of Appeals for the Fourth Circuit · 2019
- United States v. Willie Hardy, Jr.Court of Appeals for the Fourth Circuit · 2021
- Kenneth Brooks v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 2024
- Estate of Arthur E. Kechijian v. Comm of Internal RevenueCourt of Appeals for the Fourth Circuit · 2020
- Lee Sommerville v. Union Carbide CorporationCourt of Appeals for the Fourth Circuit · 2025
2 more not listed; retrieve them via the Exa API.