Safdieh v. Comm'r
Taxpayer's "investment" in tax shelter deemed sham, losses disallowed
ca2 · 2026-02-27 · Defendant Win · Impact: 60/100
Safdieh v. Comm'r, decided by Second Circuit on February 27, 2026, resulted in a defendant win outcome. The Second Circuit affirmed the Tax Court's decision, holding that the taxpayer's "investment" i...