Investment Motive Precludes Ordinary Loss Treatment

Authors

Ronald B. Ravikoff

Abstract

In a recent Tax Court decision the IRS won the case but may have lost the war. The case departed from prior decisions by recognizing a possible dual purpose in a business investment. Yet by finding that any substantial investment motive will preclude ordinary loss treatment under the Corn Products doctrine, the court may have created a boon to taxpayers in similar gain situations

Recommended Citation

Ronald B. Ravikoff, Investment Motive Precludes Ordinary Loss Treatment, 30 U. Mia. L. Rev. 760 (1976)
Available at: https://repository.law.miami.edu/umlr/vol30/iss3/9