Unreported Opinions//February 14, 2022
//February 14, 2022
Tax law — Voluntary payment rule — Refunds
FC-GEN Operations Investments, LLC (“FC-GEN”) made estimated tax payments in the amount of $601,467 to the Comptroller of Maryland (“Comptroller”) based upon its projected income for the 2012 tax year. FC-GEN determined that it had a taxable loss and, as a result, did not owe income tax to the Comptroller (with a minimal exception).