Issue: The question before the Tax Court was whether the income Ryther had earned from the sale of scrap metal was derived from a trade or business. Under Sec. 1402(a)(3) any gain or loss from the ...

Youths at a site where two houses were demolished in Huruma estate. City scrap metal dealers have invaded the sites of demolished buildings in Huruma estate. (PHOTO: JENIPHER WACHIE/ STANDARD ...

Its main business is the buying, processing, and selling of scrap metal. Most scrap metal is consumed ... and we see potential to increase domestic sales volumes without significant capital ...