Federal Taxation

Date

1991

Authors

Phelan, Marilyn E.

Journal Title

Journal ISSN

Volume Title

Publisher

Texas Tech Law Review

Abstract

The Fifth Circuit issued opinions in twenty-eight cases involving federal taxation issues during the current survey period. Most of the cases decided tax procedure issues; seven of the cases, however, involved tax evasion. One unprecedented ruling has provided shareholders a bailout potential through the exchange of stock of a subsidiary for stock in the parent. Three equally innovative and somewhat questionable decisions granted savings and loan associations substantial tax benefits.

Description

Keywords

Federal taxation, Tax procedure, Tax evasion, Shareholder, Stock, Savings and loan association

Citation

22 Tex. Tech L. Rev. 613