City of San Antonio v. Gabrielle Rocha

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• Stating that, “if an objective analysis of the transaction indicates that a reasonable possibility of profit existed apart from tax benefits, the transaction will not be classified as a sham.”
• S-corporation disregarded for tax purposes even though underlying investment held not a sham
• S-corporation disregarded for tax purposes even though underlying investment held not a sham

Source: CourtListener parenthetical corpus (CC0).