Akers v. Commissioner of Internal Revenue Akers v. Commissioner of Internal Revenue

Akers v. Commissioner of Internal Revenue

1986.C06.40819 798 F.2D 894

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Publisher Description

The question presented in these consolidated appeals is whether the Tax Court erred in its determination of the air market value of certain wastewater treatment of the fair market value of certain wastewater treatment equipment donated to Vanderbilt University by William B. Akers and his brother, J. Clark Akers, III. In a memorandum opinion reported at P 84,207 P-H Memo TC (1984), the Tax Court held that the equipment had a fair market value of $75,000. We consider the Tax Courts valuation clearly erroneous.

GENRE
Professional & Technical
RELEASED
1986
20 August
LANGUAGE
EN
English
LENGTH
9
Pages
PUBLISHER
LawApp Publishers
SIZE
76.3
KB
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