1202(c)(1)(B)

United States Tax Court, No. 3769-10, August 30, 2012 KEY QSBS TAKEAWAY(S):  In Holmes v Commissioner, the taxpayer provided no evidence to demonstrate that they received the shares at original issuance (required as per IRC §1202(c)(1)(B)), and therefore failed to substantiate that their stock holdings qualified as QSBS.  … Read More