Difference between revisions of "Knight v. Commissioner"

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This case presents a question to the [[U.S. Supreme Court]] about [[taxation]]:<ref>No. 06-1286. Certiorari granted June 25, 2007. Ruling below: 467 F.3d 149 (2nd Cir. 2006).</ref>
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'''''Knight v. Commissioner''''' presents a question to the [[U.S. Supreme Court]] about [[taxation]]:<ref>No. 06-1286. Certiorari granted June 25, 2007. Ruling below: 467 F.3d 149 (2nd Cir. 2006).</ref>
  
 
*When calculating adjusted gross income for income tax purposes, is it lawful for a testamentary trust to deduct the fees it paid for investment advice?
 
*When calculating adjusted gross income for income tax purposes, is it lawful for a testamentary trust to deduct the fees it paid for investment advice?

Revision as of 03:30, May 3, 2008

Knight v. Commissioner presents a question to the U.S. Supreme Court about taxation:[1]

  • When calculating adjusted gross income for income tax purposes, is it lawful for a testamentary trust to deduct the fees it paid for investment advice?

References

  1. ↑ No. 06-1286. Certiorari granted June 25, 2007. Ruling below: 467 F.3d 149 (2nd Cir. 2006).