- 73 -
To reflect the fact that additional issues remain to be
resolved in docket Nos. 41343-85, 41987-85, 22921-86, and 25313-86,
and to reflect our agreement with petitioners' contention that if
the Merit program trades are deemed to lack economic substance so
as to deny claimed loss deductions, then the corresponding income
should be removed from taxable income, see supra note 25,
In docket Nos. 41343-85,
41987-85, 22921-86, and 25313-86,
an appropriate order will be
issued.
In docket Nos. 39476-85,
4797-86, and 8648-93, decisions
will be entered under Rule 155.
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