A foreign citizen living abroad who sold her share in a U.S. partnership that sold 5-Hour Energy drinks owed federal income tax on $6.5 million in gains stemming from the partnership’s sale of inventory, the U.S. government told the D.C. Circuit.
Foreign Partner Liable For $6.5M In Gains, DC Circ. Told
by usoftax_admin | Nov 8, 2023 | Tax News