Transferee Liable for $13 Million in Pre-Judgment Interest

There are times when our tax laws draw distinctions that can seem unfair. The Tricarichi v. Commissioner, T.C. Memo. 2016-132, highlights one of these situations. Tricarichi is a transferee liability case in which the taxpayer was held liable for $13 million in interest on a tax liability owed by a third party even though the […]

The post Transferee Liable for $13 Million in Pre-Judgment Interest appeared first on Houston Tax Attorney: Texas Lawyer.

abate interestinterestTax BlogTax Law Blogtransferee liability