Memorandum Findings of Fact and Opinion
COLVIN, Judge:
Respondent determined a deficiency of $11,454 for taxable year 1984. The issues for decision are:
(1) Whether petitioner, a labor organization, is liable for tax under section 527(b) and (f) as the result of its 1984 transfer of $25,000 to its separate segregated political organization account. We hold that it is.
(2) Whether petitioner can, in effect, reverse the transaction and avoid...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.