Swanson v CIR Purchasers of sham trust lose in 9th Circuit

jcolvin2
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Swanson v CIR Purchasers of sham trust lose in 9th Circuit

Post by jcolvin2 »

fmmcosta

Re: Swanson v CIR Purchasers of sham trust lose in 9th Circu

Post by fmmcosta »

The Tax Court’s conclusions that the Swansons’ relationship with FSH’s property did not materially differ before and after the creation of the trust, that neither Evans nor O’Brien functioned as an independent trustee, that economic benefits did not inure to other beneficiaries of the trust, and that the Swansons failed to respect the rules and restrictions of the trust were not clearly erroneous.
not even a valid trust... ridiculous.
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grixit
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Re: Swanson v CIR Purchasers of sham trust lose in 9th Circu

Post by grixit »

Fined for fraud after being embezzled, what a joy it is to be a sovereign!
Three cheers for the Lesser Evil!

10 . . . . . . . . . . . . . . . 2
. . . . . . Dr Pepper
. . . . . . . . . . . . . . .. . . 4
LPC
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Re: Swanson v CIR Purchasers of sham trust lose in 9th Circu

Post by LPC »

The Tax Court opinion, T.C. Memo. 2008-265 (12/1/2008), is discussed here:

viewtopic.php?f=8&t=3429

Joe Izen represented the Swansons in Tax Court.
Dan Evans
Foreman of the Unified Citizens' Grand Jury for Pennsylvania
(And author of the Tax Protester FAQ: evans-legal.com/dan/tpfaq.html)
"Nothing is more terrible than ignorance in action." Johann Wolfgang von Goethe.