Editing Rothko case (section)

==Former estate executors==
The Internal Revenue Service audited the Rothko Foundation and determined that Mark Rothko's former friend and ex-estate executor Bernard Reis was liable for various self-dealing excise taxes under section 4941 of the [[Internal Revenue Code]] of 1954 (IRS code) for the years 1970 through 1974 in the total amount of $18,582,500, and additions to tax under sections 6651 and 6684 for the same years in the respective total amounts of $518,125 and $2,112,500. Reis' estate (he was dead by that time) lost its summary judgment motion to make the ruling go away.<ref name="ReisAppeal">[https://scholar.google.com/scholar_case?q=Rothko+Case&hl=en&as_sdt=2,48&case=14896345529309871573&scilh=0 Estate of Reis v. Commissioner], 87 TC 1016, Tax Court 1986, 3095-77. Accessed Jan. 6, 2013.</ref>

Despite Theodoros Stamos' protestations that he had done nothing wrong,<ref name="AngryDaughter" /> the Tax Court also ruled against him for liability for various self-dealing excise taxes under IRS code section 4941 for the years 1970 through 1976 in the total amount of $19,407,500, and additions to tax under sections 6651(a)(1) and 6684 for the same years in the respective total amounts of $724,375 and $2,957,500. Stamos also lost his appeal.<ref name="StamousTax">[https://scholar.google.com/scholar_case?q=Rothko+Case&hl=en&as_sdt=2,48&case=10134621332923988669&scilh=0 Stamos v. Commissioner], 87 TC 1451 - Tax Court 1986, 3096-77.</ref>

Marlborough A.G.'s founder Frank Lloyd paid a third of the $9.2 million award to the Rothko children as a fine against Marlborough for violating the court's injunction against the sale of any further paintings before a final ruling or settlement.<ref name="AngryDaughter" /> The disgraced Lloyd is not mentioned as active after 1972 on the gallery history page on Marlborough's website.<ref name="MAGsite">[http://www.marlboroughfineart.com/gallery.php History], Marlborough Fine Art. Retrieved Apr 5, 2011.</ref> Lloyd died in 1998 at age 86.<ref name="LloydDead" />