Opinion
20940-16 20941-16
04-19-2022
Tribune Media Company f.k.a. Tribune Company & Affiliates, Et al., Petitioner v. Commissioner of Internal Revenue, Respondent
ORDER
Ronald L. Buch Judge
On April 15, 2022 the parties filed a joint status report informing the Court that "the parties anticipate that there is no underpayment in income tax due from Tribune with respect to the built-in gain for the taxable year 2009 at issue after taking into account the Court's Opinion." The Commissioner is in the process of reviewing and confirming the accuracy of the tax calculation with respect to the effect of the Court's opinion on Chicago Baseball Holdings, LLC. To keep the Court informed of the status of this case, it is
ORDERED that, on or before May 27, 2022, the parties shall file a joint status report. In lieu of a joint status report, either party may file a status report stating that the other party has reviewed and agreed to the content of the report.