Legal Opinion
Carl A. Pescosolido, Sr. v. Commissioner of Internal Revenue
Court of Appeals for the First Circuit
Decided August 30, 1989No. 89-1049PublishedCited by 8 opinions
1Opinion of the Court
REINHARDT, Circuit Judge:
Carl and Virginia Pescosolido appeal from the tax court’s decision affirming the Commissioner’s determination of tax deficiencies for the Pescosolidos’ 1978, 1979, and 1980 tax returns. The tax court agreed with the Commissioner that the Pescosolidos had not sustained their burden of proving that the distribution and disposition of certain Section 306 stock was not in pursuance of a plan having as one of its principal purposes the avoidance of federal income tax. We affirm.
The problem here arose when the Pesco-solidos made charitable donations of 1500 shares of…
2Cases cited6 opinions
- United States v. Ven-Fuel, Inc.Court of Appeals for the First Circuit · 1985
- Codex Corporation v. Milgo Electronic Corporation, Codex Corporation v. Milgo Electronic CorporationCourt of Appeals for the First Circuit · 1983
- Roebling v. CommissionerUnited States Tax Court · 1981
- Eugene W. And Marie P. Fireoved, in Nos. 71-1565 v. United States of America, in Nos. 71-1566, 71-1567Court of Appeals for the Third Circuit · 1972
- Bialo v. CommissionerUnited States Tax Court · 1987
1 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- R.E. Dietz Corporation v. United StatesCourt of Appeals for the Second Circuit · 1991
- Homer F. And Dorothy L. McMurray v. Commissioner of Internal Revenue, Homer F. And Dorothy L. McMurray v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1993
- Tecumseh Corrugated Box Co. v. CommissionerUnited States Tax Court · 1990
- Tecumseh Corrugated Box Company v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1991
- Guenther v. CommissionerUnited States Tax Court · 1995
3 more not listed; retrieve them via the Exa API.