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Formation and Operation of Pharmacies,
Medical Clinics, and Medical Laboratory
During the 4 years at issue herein (1995 through 1998),
corporate entities which Ahmed nominally established in
connection with the operation of his pharmacies, medical clinics,
and medical laboratory, included, among others, the following:
K & M;
Clinica Santa Maria, Inc.;
Clinica Kholy Medical Group, Inc.;
Clinica Leslie Medical Group, Inc.;
Madina, Inc.;
Reem Management Group, Inc.;
Macca Corporation, Inc.;
Apex Medical Lab, Inc.; and
Apex Reference Lab, Inc.
Hereinafter, we sometimes refer to the above entities formed
by Ahmed as the “nominee entities” -- reflecting the fact that
Ahmed, during at least 1997 and 1998, personally and solely
managed and controlled essentially all significant aspects of the
operations and activities of the pharmacies, the medical clinics,
and the medical laboratory; that Ahmed treated the nominee
entities as his alter ego; and that for Federal income tax
purposes for 1997 and 1998 all income and expenses of the nominee
entities are to be charged to Ahmed personally.
In the latter half of 1993, using his health care expertise
and business experience, Ahmed opened in the Los Angeles
metropolitan area his first pharmacy, doing business under the
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Last modified: May 25, 2011