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Fifth Circuit Affirms Valuation Misstatement Penalties Are Inapplicable in Partnership Case

JUN. 6, 2012

Woods, Gary, et al. v. U.S.

DATED JUN. 6, 2012
DOCUMENT ATTRIBUTES
  • Case Name
    GARY WOODS, AS TAX MATTERS PARTNER OF TESORO DRIVE PARTNERS, A TEXAS GENERAL PARTNERSHIP, Plaintiff-Appellee v. UNITED STATES, Defendant-Appellant
  • Court
    United States Court of Appeals for the Fifth Circuit
  • Docket
    No. 11-50487
  • Judge
    Per curiam
  • Cross-Reference
    Affirming Woods v. United States, No. 5:05-cv-00216 (W.D. Tex.

    2010) .
  • Parallel Citation
    471 Fed. Appx. 320
    2012-2 U.S. Tax Cas. (CCH) P50,657
    109 A.F.T.R.2d (RIA) 2435
  • Code Sections
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2013-14101
  • Tax Analysts Electronic Citation
    2013 TNT 113-15

Woods, Gary, et al. v. U.S.

[Editor's Note: The Supreme Court granted certiorari to review Woods v. United States on March 25, 2013.]

 

IN THE UNITED STATES COURT OF APPEALS

 

FOR THE FIFTH CIRCUIT

 

 

Appeals from the United States District Court

 

for the Western District of Texas

 

USDC No. 5:05-cv-00216

 

 

Before JONES, Chief Judge, and WIENER and GRAVES, Circuit Judges.

PER CURIAM:*

This Court has considered this appeal on the basis of the briefs and the record on appeal. Having done so, we are convinced that this issue is well settled and that the district court should be affirmed. See Bemont Invs., L.L.C. v. United States, No. 10-41132, --- F.3d ---, 2012 WL 1435608 (5th Cir. Apr. 26, 2012); Heasley v. Comm'r of Internal Revenue, 902 F.2d 380 (5th Cir. 1990); Todd v. Comm'r of Internal Revenue, 862 F.2d 540 (5th Cir. 1988).

AFFIRMED.

 

FOOTNOTE

 

 

* Pursuant to 5TH CIR. R. 47.5, the court has determined that this opinion should not be published and is not precedent except under the limited circumstances set forth in 5TH CIR. R. 47.5.4.

 

END OF FOOTNOTE
DOCUMENT ATTRIBUTES
  • Case Name
    GARY WOODS, AS TAX MATTERS PARTNER OF TESORO DRIVE PARTNERS, A TEXAS GENERAL PARTNERSHIP, Plaintiff-Appellee v. UNITED STATES, Defendant-Appellant
  • Court
    United States Court of Appeals for the Fifth Circuit
  • Docket
    No. 11-50487
  • Judge
    Per curiam
  • Cross-Reference
    Affirming Woods v. United States, No. 5:05-cv-00216 (W.D. Tex.

    2010) .
  • Parallel Citation
    471 Fed. Appx. 320
    2012-2 U.S. Tax Cas. (CCH) P50,657
    109 A.F.T.R.2d (RIA) 2435
  • Code Sections
  • Subject Area/Tax Topics
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 2013-14101
  • Tax Analysts Electronic Citation
    2013 TNT 113-15
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