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Type
Opinion
Filed
May 24, 2019
Case
Jeff Blau, Tax Matters Partner of RERI Holdings I, LLC v. Commissioner of IRS
Case status
Decided

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Opening text

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Ginsburg, Senior Circuit Judge: RERI Holdings, LLC (RERI) claimed a charitable contribution deduction of $ 33 million on its 2003 federal tax return. The Internal Revenue Service determined that RERI was not entitled to this deduction and imposed a 40% penalty for underpayment of tax. RERI unsuccessfully challenged both rulings before the Tax Court, and now appeals to this court on a va…

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