Trico Marine Assets Inc. v. Diamond B Marine Services Inc.

How courts have described this case

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

• holding that the valuation misstatement penalty “does not differentiate between factual and legal determinations” and can apply “where the transaction is ‘recast’ for tax purposes using a legal doctrine such as the step transaction or economic substance doctrine”
• holding that the valuation misstatement penalty \does not differentiate between factual and legal determinations\ and can apply \where the transaction is 'recast' for tax purposes using a legal doctrine such as the step transaction or economic substance doctrine\

Source: CourtListener parenthetical corpus (CC0).