Topic: if a partnership is found to be a sham, the partnership sho… · Go Syfert
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Topic #3963

2 canonical passages across 2 cases, quoted by 6 opinions in total. These passages cluster together because the same opinions keep quoting them side by side — they state parts of one doctrine. The anchor passage is from Fidelity International Currency Advisor a Fund, LLC v. United States.

#Case FlagCanonical passage Citers
1 Fidelity International Currency Advisor a Fund, LLC v. United States Anchor
mad · 2010
green “if a partnership is found to be a sham, the partnership should be disregarded, and the partnership's activities are deemed to be engaged in by one or more of the partners.” 3
2 Alpha I, L.P. v. United States
uscfc · 2010
green “reliance on advice by tax professionals is specifically excluded in deciding whether substantial authority exists for a particular tax treatment.” 3

A red or yellow flag on a member means the underlying case has negative treatment — for those, check the case page before relying on the passage.

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