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U.S. Court of Appeals for the Third Circuit, 1990

Island Acres, Inc. v. Anthony P. Olive, Director of Virgin Islands Bureau of Internal Revenue, and Government of the Virgin Islands

Island Acres, Inc. v. Anthony P. Olive, Director of Virgin Islands Bureau of Internal Revenue, and Government of the Virgin Islands
U.S. Court of Appeals for the Third Circuit · Decided January 12, 1990 · Gibbons, Mansmann, Nygaard, Per Curiam
893 F.2d 647; 65 A.F.T.R.2d (RIA) 716; 1990 U.S. App. LEXIS 338; 1990 WL 1231 (Federal Reporter, Second Series)

Island Acres, Inc. v. Anthony P. Olive, Director of Virgin Islands Bureau of Internal Revenue, and Government of the Virgin Islands

Opinion

OPINION OF THE COURT

PER CURIAM.

Island Acres, Inc., a Virgin Islands inhabitant foreign corporation appeals from a judgment affirming deficiencies in income tax for the year ending November 30, 1981 and a penalty for intentionally disregarding Revenue Ruling 80-40. The legal issues presented are discussed in the opinion filed in Business Ventures International, Inc. v. Olive, 893 F.2d 641 (3d Cir. 1990). For the reasons set forth therein, the judgment appealed from will be affirmed.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.

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