GREAT PLAINS GASIFICATION ASSOCIATES v. COMMISSIONER

Docket No. 10578-01.

92 T.C.M. 534 (2006)

T.C. Memo. 2006-276

Great Plains Gasification Associates, A Partnership, Transco Coal Gas Company, A Partner Other than the Tax Matters Partner, v. Commissioner.

United States Tax Court.

December 27, 2006.


Attorney(s) appearing for the Case

H. Karl Zeswitz, Jr., Kent L. Jones, and Mary E. Monahan, for petitioner;

Derek B. Matta, David Q. Cao, John F. Eiman, and Elizabeth Girafalco Chirich, for respondent.

H. Karl Zeswitz, Jr., Kent L. Jones, and Mary E. Monahan, for petitioner.1


MEMORANDUM FINDINGS OF FACT AND OPINION

THORNTON, Judge:

This is a partnership-level proceeding subject to the unified audit and litigation procedures of sections 6221 through 6231.2

In the 1970s, reacting to a global energy crisis, the Federal Government reached out to private industry to help develop alternative energy sources, including synthetic fuels. In response, five major energy companies, through their subsidiaries...

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