Anthony Ranciato and Lucille Ranciato - Page 1

                                 T.C. Memo. 1996-67                                   

                               UNITED STATES TAX COURT                                

          ANTHONY RANCIATO AND LUCILLE RANCIATO, Petitioners v.                       
          COMMISSIONER OF INTERNAL REVENUE, Respondent*                               

               Docket No. 27159-91.             Filed February 20, 1996.              

               William M. Bloss and Jonathan S. Katz, for petitioners.                
               John Aletta, for respondent.                                           

                           SUPPLEMENTAL MEMORANDUM OPINION                            
               LARO, Judge:  The case is before the Court on remand from              
          the Court of Appeals for the Second Circuit.  The Court of                  
          Appeals questioned our analysis in Ranciato v. Commissioner, T.C.           
          Memo. 1993-536 (Ranciato I), in which we held that petitioner's             
          pet store was not an activity entered into for profit during the            

               * This opinion supplements Ranciato v. Commissioner, T.C.              
          Memo. 1993-536.                                                             

Page:   1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  Next

Last modified: May 25, 2011