- 18 -
already shrunk from over $7 million to $500,889.1910 by March 13,
2004, ignoring speculative class action assets. Respondent did
not abuse his discretion by expeditiously deciding the estate’s
case if, in fact, 2 to 4 months is expeditious.
II. Conclusion
The Court concludes that respondent’s determination to
proceed with collection by levy of the estate taxes was not an
abuse of discretion, and respondent may proceed with collection.
The Court has considered all of the estate’s contentions,
arguments, requests, and statements. To the extent not discussed
herein, we conclude that they are meritless, moot, or irrelevant.
To reflect the foregoing,
Decision will be entered
for respondent.
10This amount consists of $338,720.19 in investments and
$162,169 in cash.
Page: Previous 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
Last modified: November 10, 2007