Opinion ID: 538936
Heading Depth: 2
Heading Rank: 4

Heading: jurisdiction over the abatement of interest issue

Text: 22 We agree with the holding in 508 Clinton Street Corp. v. Commissioner of Internal Revenue, 89 T.C. 352 (1987) and the appellee's assertion in the instant case, that the Tax Court properly denied appellant's request to abate the interest on the deficiencies determined in the appellant's tax liability. In 508 Clinton Street Corp., the Court was faced with the same situation as we have in this case, and held that this Court lacks jurisdiction to consider the interest abatement issue raised under Section 6404(e). Id. at 357. 23 In its well-reasoned opinion, the Court in 508 Clinton Street Corp. discussed the express language and legislative history of section 6404(e) and related sections and noted that by its very terms, [section 6404(e) ] does not operate until after there has been an assessment of interest, which has not yet occurred in this case. Id. at 355. Similarly, there has been no assessment of interest in this case either, and the appellant's claim to an interest abatement is clearly premature.