Tax Court Rules On $187 Million In Charitable Deductions From $9.5 Million Purchase
It is rather intriguing that in the most recent batch of Tax Court decisions the notion that easement valuation is fundamentally different does not even come up as something that might be considered.
Jury Will Decide Merit Of $43 Million Tax Refund Claim By Zaxby’s Cofounder
All Townley has to do is to get it to the jury (which the judge seems to be allowing) and the jury will also have some tendency to help the hometown boy. Notwithstanding there, the mega dollars involved may put some of the good old boys on the jury off.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.