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Re: None

Monday, 04/25/2016 9:01:21 AM

Monday, April 25, 2016 9:01:21 AM

Post# of 173202
This tax law case needs to be challenged again using briscoe/lbsr:


Losses in Pump-and-Dump Stock Scheme Are Capital, Not Theft Losses.


Because there was no direct transfer of money from the taxpayers to the individuals operating a pump-and-dump stock scheme, or to such individuals' corporate alter egos, the taxpayers were limited to a capital loss, rather than theft loss, deduction. Greenberger v. U.S., 2015 PTC 205.
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