Taxes From Postpetition Farm Sale Are Not Dischargeable

The Supreme Court ruled that taxes on gain from the sale of a farm after its owner had filed a Chapter 12 bankruptcy petition were not taxes incurred by the bankruptcy estate.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/PV9SphvU6Y4/TaxTrends_July2012-story-01.aspx

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