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JMPD Series of Fortress Ins. v. Comm'r of Internal Revenue

United States Tax Court
Jul 9, 2024
No. 25197-16 (U.S.T.C. Jul. 9, 2024)

Opinion

25197-16 15238-17 22729-17 11880-18

07-09-2024

JMPD SERIES OF FORTRESS INSURANCE, LLC, ET AL., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent


ORDER

Mark V. Holmes Judge

These microcaptive-insurance cases were on the Court's March 6, 2023 trial calendar for Dallas, Texas. The parties reported earlier this year that they remain settled, but their settlement requires wrapping up other tax years as well. The parties are still finishing the calculations and legal documents required to finalize their settlement, but they expect to agree to and sign all necessary documents in the next few months. It is therefore

ORDERED that on or before December 16, 2024 the parties shall submit settlement documents or file a status report describing their progress toward settlement.


Summaries of

JMPD Series of Fortress Ins. v. Comm'r of Internal Revenue

United States Tax Court
Jul 9, 2024
No. 25197-16 (U.S.T.C. Jul. 9, 2024)
Case details for

JMPD Series of Fortress Ins. v. Comm'r of Internal Revenue

Case Details

Full title:JMPD SERIES OF FORTRESS INSURANCE, LLC, ET AL., Petitioner v. COMMISSIONER…

Court:United States Tax Court

Date published: Jul 9, 2024

Citations

No. 25197-16 (U.S.T.C. Jul. 9, 2024)