(DOWNLOAD) "Fahs v. Taylor" by United States Court Of Appeals Fifth Circuit. * Book PDF Kindle ePub Free

May 18, 2021

eBook details

Title: Fahs v. Taylor
Author : United States Court Of Appeals Fifth Circuit.
Release Date : January 30, 1956
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 49 KB

Description

This is an appeal by the Internal Revenue Director for the State of Florida from a judgment in favor of the taxpayer following a suit for the recovery of income taxes for the years 1942 and 1943. The question presented is whether the trial court erred, in a trial without a jury, in concluding that a loss resulting from the sale of a piece of improved real estate by the taxpayer in 1944 constituted a loss "attributable to the operation of a trade or business regularly carried on by" him, and could thus be carried back to 1942 and 1943.