GETTY v. C.I.R.

No. 89-70108.

913 F.2d 1486 (1990)

Jean Ronald GETTY; Karin Getty, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided September 14, 1990.


Attorney(s) appearing for the Case

Philip S. Magaram and Mark S. Levin, Valensi, Rose & Magaram, Los Angeles, Cal., for petitioners-appellants.

Bruce R. Ellisen, Dept. of Justice, Washington, D.C., for respondent-appellee.

Before WALLACE, THOMPSON and O'SCANNLAIN, Circuit Judges.


DAVID R. THOMPSON, Circuit Judge:

J. Ronald Getty ("Ronald") and Karin Getty appeal the tax court's decision in Getty v. Commissioner, 91 T.C. 160 (1988), that $10 million which Ronald received from the settlement of a suit against the trustees of the J. Paul Getty Museum ("the Museum") is taxable as income.1 We have jurisdiction under 26 U.S.C. § 7482(a), and we reverse.

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