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Bruce A. and Marianne S. Prabel v. Commissioner of Internal Revenue, 882 F.2d 820, 3rd Cir. (1989) by Scribd Government Docs is a document available to read on EtoBox.
This document summarizes a court case regarding the tax treatment of interest expense calculated using the Rule of 78 method versus the economic accrual method. The Tax Court found that the Commissioner did not abuse discretion in requiring the partnership to recalculate interest expense using economic accrual rather than Rule of 78, as Rule of 78 distorted the partnership
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