Bank's losses on mutual funds are ordinary losses under section 582(c)(1): Community Trust Bancorp, Inc. v. United States.

Subjects

Subjects :

Loss deductions -- Laws, regulations and rules
Mutual funds -- Taxation
Banking industry -- Taxation
Community Trust Bancorp, Inc. v. United States (84 A.F.T.R.2d (P-H) 5344 (E.D. Ky. 1999))
Internal Revenue Code (I.R.C. 582(c)(1))

Details

ISSN :

0040005X

Volume :

53

Issue :

2

Database :

Gale General OneFile

Journal :

Tax Lawyer

Publication Type :

Academic Journal

Accession number :

edsgcl.62817695