FRGC Investment, LLC, James P. Mehen, Tax Matters Partner - Page 20




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          were incurred by FRGC in 1998 are directly connected with the               
          acquisition of a capital asset and therefore must be capitalized            
          pursuant to section 263.                                                    
                                                  Decision will be entered            
                                             for respondent.                          







































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Last modified: May 25, 2011