U.S. Court of Appeals for the Sixth Circuit
Losantiville Country Club v. Comm'r of Internal Revenue
Panel
The judges who heard this appeal.
- Senior Judge Deborah L. Cook
- Judge John Baylor Nalbandian
- Senior Judge Jane Branstetter Stranch
Case history
-
Oct. 15, 2018decided Decision issued in Losantiville Country Club v. Comm'r of Internal Revenue
Opinions and writings
COOK, Circuit Judge. Losantiville Country Club hosted unprofitable nonmember events for many years, consistently using those losses to avoid paying tax on its investment income. Because the Internal Revenue Service determined that Losantiville did not hold nonmember events for the primary purpose of making a profit, the club could not offset its income from investments with losses from those nonmember activities. Inv…