- 11 - In determining that petitioner sustained the loss in 1995, respondent seems to have adopted the position that petitioner sustained a loss from the worthlessness of operating authorities in a year in which those operating authorities did not exist. We do not find respondent's position reasonable. To reflect the foregoing, Decision will be entered for petitioner.Page: Previous 1 2 3 4 5 6 7 8 9 10 11
Last modified: May 25, 2011