Respondent determined a deficiency in petitioner's income tax for the calendar year 1959 in the amount of $47,922.08. Two related questions are presented herein. The first is whether petitioner is entitled to a deduction for "theft" in the amount of $192,271.50 or any other amount on account of the seizure or confiscation of certain of her property in Rumania after a Communist regime assumed control in that country in 1945, and, if so, whether such deduction was properly...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
