| dc.contributor.author |
Phelan, Marilyn E. |
|
| dc.date.accessioned |
2010-02-26T20:48:19Z |
|
| dc.date.available |
2010-02-26T20:48:19Z |
|
| dc.date.issued |
1990 |
|
| dc.identifier.citation |
21 Tex. Tech L. Rev. 379 (1990) |
en_US |
| dc.identifier.uri |
http://hdl.handle.net/10601/54 |
|
| dc.description.abstract |
The Fifth Circuit issued opinions in twenty cases involving federal taxation questions during the current survey period. The cases involved a wide spectrum of issues; a few involved unprecedented issues. The court rendered several noteworthy opinions in cases addressing the definition and/or application of various tax concepts, such as "innocent spouse," "working capital needs" of a corporation, and "sham transaction"; it also issued a highly questionable opinion relating to the application of the "assignment of income" doctrine. One unprecedented case, addressing the redemption rights of the Internal Revenue Service ("IRS") regarding property subject to a junior tax lien, caused adverse consequences to a first lien mortgagor who bid less than the fair market value for the property at a foreclosure sale. |
en_US |
| dc.language.iso |
en_US |
en_US |
| dc.relation.uri |
http://heinonline.org/HOL/Page?handle=hein.journals/text21&collection=journals&id=403&men_hide=false&men_tab=citnav |
|
| dc.relation.uri |
http://web2.westlaw.com/find/default.wl?fn=_top&rs=WLW6.09&rp=%2ffind%2fdefault.wl&mt=LawSchool&vr=2.0&sv=Split&cite=+21+Tex.+Tech+L.+Rev.+379 |
|
| dc.subject |
fifth circuit |
en_US |
| dc.subject |
federal taxation |
en_US |
| dc.subject |
innocent spouse |
en_US |
| dc.subject |
working capital needs |
en_US |
| dc.subject |
sham transaction |
en_US |
| dc.subject |
assignment of income |
en_US |
| dc.subject |
redemption rights |
en_US |
| dc.subject |
junior tax lien |
en_US |
| dc.title |
Federal Taxation |
en_US |
| dc.type |
Article |
en_US |