7203 - Carryback Offset

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Fraud Statutes 

Additional Information:

 

7203 - Accountant-Client Privilege
7203 - Accrual Basis
7203 - Admissibility 1 p1
7203 - Admissibility 1 p2
7203 - Admissibility 1 p3
7203 - Admissibility 1 p4
7203 - Admissibility 1 p5
7203 - Admissibility 1 p6
7203 - Admissibility 2 p1
7203 - Admissibility 2 p2
7203 - Admissibility 2 p3
7203 - Admissibility 2 p4
7203 - Admissibility 2 p5
7203 - Admissibility 3 p1
7203 - Admissibility 3 p2
7203 - Admissibility 3 p3
7203 - Admissibility 3 p4
7203 - Admissibility 3 p5
7203 - Admissibility 4 p1
7203 - Admissibility 4 p2
7203 - Admissions p1
7203 - Admissions p2
7203 - Advice of Counsel p1
7203 - Advice of Counsel p2
7203 - Amendment
7203 - Appeal Right to
7203 - Appeal Timeliness
7203 - Appeal Waiver
7203 - Appeal without merit
7203 - Arrest
7203 - Fraudulent Return
7203 - Defeat & Evade Income Taxes p1
7203 - Defeat & Evade Income Taxes p2
7203 - Defeat & Evade Income Taxes p3
7203 - Defeat &  Evade Income Taxes p4
7203 - Attorney Disqualified
7203 - Attorney's Testimony p1
7203 - Attorney's Testimony p2
7203 - Attorney's Testimony p3
7203 - Attorney's Testimony p4
7203 - Bail
7203 - Bank Records &  Net Worth Increases 1 p1
7203 - Bank Records &  Net Worth Increases 1 p2
7203 - Bank Records &  Net Worth Increases 1 p3
7203 - Bank Records &  Net Worth Increases 1 p4
7203 - Bank Records &  Net Worth Increases 1 p5
7203 - Bank Records &  Net Worth Increases 1 p6
7203 - Bank Records &  Net Worth Increases 2 p1
7203 - Bank Records &  Net Worth Increases 2 p2
7203 - Bank Records &  Net Worth Increases 2 p3
7203 - Bank Records &  Net Worth Increases 2 p4
7203 - Bank Records &  Net Worth Increases 2 p5
7203 - Bank Records &  Net Worth Increases 3 p1
7203 - Bank Records &  Net Worth Increases 3 p2
7203 - Bank Records &  Net Worth Increases 3 p3
7203 - Bank Records &  Net Worth Increases 3 p4
7203 - Bank Records &  Net Worth Increases 3 p5
7203 - Bank Records &  Net Worth Increases 4 p1
7203 - Bank Records &  Net Worth Increases 4 p2
7203 - Bank Records &  Net Worth Increases 4 p3
7203 - Bank Records &  Net Worth Increases 4 p4
7203 - Bank Records &  Net Worth Increases 4 p5
7203 - Bank Records &  Net Worth Increases 5 p1
7203 - Bank Records & Net Worth Increases 5 p2
7203 - Bank Records & Net Worth Increases 5 p3
7203 - Bank Records & Net Worth Increases 5 p4
7203 - Bank Records & Net Worth Increases 5 p5
7203 - Base Sentence p1
7203 - Base Sentence p2
7203 - Base Sentence p3
7203 - Base Sentence p4
I7203 - Bill of Particluar Conspiracy
7203 - Bill of Particulars
7203 - Books and Records
7203 - Burden of going forward with evidence
7203 - Burden of Proof
7203 - Carryback Offset
7203 - Changing Plea
7203 - Character witness p1
7203 - Character witness p2
7203 - Circumstanial Evidence p1
7203 - Circumstanial Evidence p2
7203 - Circumstanial Evidence p3
7203 - Circumstanial Evidence p4
7203 - Collateral Estoppel
7203 - Collection
7203 - Commitment by U.S. Commissioner
7203 - Communication to Jury
7203 - Compromise
7203 - Consolidation
7203 - Conspiracy p1
7203 - Conspiracy p2
7203 - Conspiracy 1 p1
7203 - Conspiracy 1 p2
7203 - Conspiracy 1 p3
7203 - Conspiracy 1 p4
7203 - Conspiracy 1 p5
7203 - Conspiracy 1 p6
7203 - Conspiracy 1 p7
7203 - Conspiracy 1 p8
7203 - Conspiracy 2 p1
7203 - Conspiracy 2 p2
7203 - Conspiracy 2 p3
7203 - Constitutional Grounds 1 p1
7203 - Constitutional Grounds 1 p2
7203 - Constitutional Grounds 1 p3
7203 - Constitutional Grounds 1 p4
7203 - Constitutional Grounds 1 p5
7203 - Constitutional Grounds 2 p1
7203 - Constitutional Grounds 2 p2
7203 - Constitutional Grounds 2 p3
7203 - Constitutional Grounds 2 p4
7203 - Constitutional Grounds 2 p5
7203 - Constitutional Grounds 3 p1
7203 - Constitutional Grounds 3 p2
7203 - Constitutional Grounds 3 p3
7203 - Constitutional Grounds 3 p4
7203 - Constitutional Grounds 3 p5
7203 - Constitutional Grounds 4 p1
7203 - Constitutional Grounds 4 p2
7203 - Constitutional Grounds 4 p3
7203 - Constitutional Grounds 4 p4
7203 - Constitutional Grounds 5 p1
7203 - Constitutional Grounds 5 p2
7203 - Constitutional Grounds 5 p3
7203 - Constitutional Grounds 5 p4
7203 - Constitutional Grounds 5 p5
7203 - Constitutional Grounds 6
7203 - Contempt Finding Ag. Defendant's Counsel
7203 - Continuance p1
7203 - Continuance p2
7203 - Continuance p3
7203 - Conviction Required
7203 - Copies of Records p1
7203 - Copies of Records p2
7203 - Corporation Officer
7203 - Costs
7203 - Credit for Time Served
7203 - Criminal Contempt
7203 - Cross-Examination PART 1 p1
7203 - Cross-Examination PART 1 p2
7203 - Cross-Examination PART 1 p3
7203 - Cross-Examination PART 1 p4
7203 - Cross-Examination PART 1 p5
7203 - Cross-Examination PART 2
7203 - DefendantHaving Facts Available p1
7203 - DefendantHaving Facts Available p2
7203 - DefendantHaving Facts Available p3
7203 - Degree of Proof p1
7203 - Degree of Proof p2
7203 - Depositions
7203 - Different Statute Cited
7203 - Discovery, Scope Of
7203 - Documentary Evidence in Jury Room
7203 - Double Jeopardy 1 p1
7203 - Double Jeopardy 1 p2
7203 - Double Jeopardy 1 p3
7203 - Double Jeopardy 1 p4
7203 - Double Jeopardy 1 p5
7203 - Double Jeopardy 2 p1
7203 - Double Jeopardy 2 p2
7203 - Double Jeopardy 2 p3
7203 - Double Jeopardy 2 p4
7203 - Enhanced Sentence Sophisticated Means p1
7203 - Enhanced Sentence Sophisticated Means p2
7203 - Enhanced Sentence p1
7203 - Enhanced Sentence p2
7203 - Entrapment
7203 - Erroneous calculation of tax
7203 - Exclusion of Oral Testimony
7203 - Exercise Privilege-Exclusion from Courtroom
7203 - Expert Witness p1
7203 - Expert Witness p2
7203 - Expert Witness p3
7203 - Expert Witness p4
7203 - Extenuating Circumstances
7203 - Fact Finding p1
7203 - Fact Finding p2
7203 - Fact Finding p3
7203 - Fact Finding p4
7203 - Fact Finding p5
7203 - Failure of IRS to File Return
7203 - Failure to Assess Tax
7203 - Failure to Prosecute p1
7203 - Failure to Prosecute p2
7203 - Failure to Prosecute p3
7203 - Failure to Prosecute p4
7203 - Failure to Prosecute p5
7203 - Failure to Report Income 1 p1
7203 - Failure to Report Income 1 p2
7203 - Failure to Report Income 1 p3
7203 - Failure to Report Income 1 p4
7203 - Failure to Report Income 1 p5
7203 - Failure to Report Income 1 p6
7203 - Failure to Report Income 2 p1
7203 - Failure to Report Income 2 p2
7203 - Failure to Supply Information
7203 - False Return
7203 - Fictitious names
7203 - Fraud Case Procedures p1
7203 - Fraud Case Procedures p2
7203 - Fraud Case Procedures p3
7203 - Fraud Case Procedures p4
7203 - General Exception
7203 - Good Faith p1
7203 - Good Faith p2
7203 - Good Faith p3
7203 - Good Faith p4
7203 - Government Agent Prosecuting Claim
7203 - Grand Jury 1 p1
7203 - Grand Jury 1 p2
7203 - Grand Jury 1 p3
7203 - Grand Jury 1 p4
7203 - Grand Jury 1 p5
7203 - Grand Jury 2 p1
7203 - Grand Jury 2 p2
7203 - Hearsay Evidence p1
7203 - Hearsay Evidence p2
7203 - Hearsay Evidence p3
7203 - Hearsay Evidence p4
7203 - Hearsay Evidence p5
7203 - Hostility of the Court p1
7203 - Hostility of the Court p2
7203 - Hostility of the Court p3
7203 - Hypnosis
7203 - Identification
7203 - Ignorance of Law
7203 - Immunity p1
7203 - Immunity p2
7203 - Immunity p3
7203 - Impeachment p1
7203 - Impeachment p2
7203 - Improper Comment PART 1 p1
7203 - Improper Comment PART 1 p2
7203 - Improper Comment PART 1 p3
7203 - Improper Comment PART 1 p4
7203 - Improper Comment PART 1 p5
7203 - Improper Comment PART 2 p1
7203 - Improper Comment PART 2 p2
7203 - Improper Comment PART 2 p3
7203 - Improper Comment PART 2 p4
7203 - Improper Comment PART 2 p5
7203 - Improper Comment PART 3
7203 - Improper Question
7203 - Incrimination 1 p1
7203 - Incrimination 1 p2
7203 - Incrimination 1 p3
7203 - Incrimination 1 p4
7203 - Incrimination 1 p5
7203 - Incrimination 2 p1
7203 - Incrimination 2 p2
7203 - Incrimination 2 p3
7203 - Incrimination 2 p4
7203 - Incrimination 2 p5
7203 - Incriminaton Before Grand Jury p1
7203 - Incriminaton Before Grand Jury p2
7203 - Instructions to Jury 1 p1
7203 - Instructions to Jury 1 p2
7203 - Instructions to Jury 1 p3
7203 - Instructions to Jury 1 p4
7203 - Instructions to Jury 1 p5
7203 - Instructions to Jury 2 p1
7203 - Instructions to Jury 2 p2
7203 - Instructions to Jury 2 p3
7203 - Instructions to Jury 2 p4
7203 - Instructions to Jury 2 p5
7203 - Instructions to Jury 3 p1
7203 - Instructions to Jury 3 p2
7203 - Instructions to Jury 3 p3
7203 - Instructions to Jury 3 p4
7203 - Instructions to Jury 3 p5
7203 - Instructions to Jury 4 p1
7203 - Instructions to Jury 4 p2
7203 - Instructions to Jury 4 p3
7203 - Instructions to Jury 4 p4
7203 - Instructions to Jury 4 p5
7203 - Instructions to Jury 5 p1
7203 - Instructions to Jury 5 p2
7203 - Instructions to Jury 5 p3
7203 - Instructions to Jury 5 p4
7203 - Instructions to Jury 5 p5
7203 - Instructions to Jury 6 p1
7203 - Instructions to Jury 6 p2
7203 - Instructions to Jury 6 p3
7203 - Instructions to Jury 6 p4
7203 - Instructions to Jury 6 p5
7203 - Instructions to Jury 7 p1
7203 - Instructions to Jury 7 p2
7203 - Instructions to Jury 7 p3
7203 - Instructions to Jury 7 p4
7203 - Instructions to Jury 7 p5
7205 Convictions p1
7205 Convictions p2
7205 Convictions p3
7205 Convictions p4
7205 Convictions p5
7205 Double Jeopardy
7205 Exemption Certificates
7205 Hostility of the Court
7205 Indictment
7205 Information
7205 Intent to Deceive Lacking
7205 Right to Counsel
7205 Trial, Timeliness
7205 Variance
7205 Venue
7205 Willfulness
7206 False Returns 1 p1
7206 False Returns 1 p2
7206 False Returns 1 p3
7206 False Returns 1 p4
7206 False Returns 1 p5
7206 False Returns 2 p1
7206 False Returns 2 p2
7206 False Returns 2 p3
7206 False Returns 2 p4
7206 False Returns 2 p5
7206 False Returns 3 p1
7206 False Returns 3 p2
7206 False Returns 3 p3
7206 False Returns 3 p4
7206 Basis for Allegation of Fraud
7206 Concealment of Assets p1
7206 Concealment of Assets p2
7206 Conspiracy 1 p1
7206 Conspiracy 1 p2
7206 Conspiracy 1 p3
7206 Conspiracy 1 p4
7206 Conspiracy 2 p1
7206 Conspiracy 2 p2
7206 Constitutionality p1
7206 Constitutionality p2
7206 Constitutionality p3
7206 Costs
7206 Disclosure of Returns
7206 Estoppel p1
7206 Estoppel p2
7206 Estoppel p3
7206 Evidence 1 p1
7206 Evidence 1 p2
7206 Evidence 1 p3
7206 Evidence 1 p4
7206 Evidence 1 p5
7206 Evidence 2 p1
7206 Evidence 2 p2
7206 Evidence 2 p3
7206 Evidence 2 p4
7206 Evidence 2 p5
7206 Evidence 3 p1
7206 Evidence 3 p2
7206 Evidence 3 p3
7206 Evidence 3 p4
7206 Evidence 3 p5
7206 Evidence 4 p1
7206 Evidence 4 p2
7206 Evidence 4 p3
7206 False Claims Against U.S.
7206 False Documents p1
7206 False Documents p2
7206 False Statements in Return 1 p1
7206 False Statements in Return 1 p2
7206 False Statements in Return 1 p3
7206 False Statements in Return 1 p4
7206 False Statements in Return 1 p5
7206 False Statements in Return 2 p1
7206 False Statements in Return 2 p2
7206 False Statements in Return 2 p3
7206 False Statements in Return 2 p4
7206 False Statements in Return 3 p1
7206 False Statements in Return 3 p2
7206 False Statements in Return 3 p3
7206 False Statements in Return 3 p4
7206 False Statements in Return 3 p5
7206 False Statements in Return 4 p1
7206 False Statements in Return 4 p2
7206 False Statements in Return 4 p3
7206 False Statements in Return 4 p4
7206 False Statements in Return 4 p5
7206 False Statements in Return 5 p1
7206 False Statements in Return 5 p2
7206 False Statements in Return 5 p3
7206 False Statements in Return 5 p4
7206 False Statements to IRS Agents p1
7206 False Statements to IRS Agents p2
7206 False Statements to IRS Agents p3
7206 Forgery
7206 Grand Jury
7206 Guilty Plea p1
7206 Guilty Plea p2
7206 Immunity
7206 Indictment 1 p1
7206 Indictment 1 p2
7206 Indictment 1 p3
7206 Indictment 1 p4
7206 Indictment 1 p5
7206 Indictment 2 p1
7206 Indictment 2 p2
7206 Instructions to Jury 1 p1
7206 Instructions to Jury 1 p2
7206 Instructions to Jury 1 p3
7206 Instructions to Jury 1 p4
7206 Instructions to Jury 1 p5
7206 Instructions to Jury 2 p1
7206 Instructions to Jury 2 p2
7206 Instructions to Jury 2 p3
7206 Instructions to Jury 2 p4
7206 Instructions to Jury 2 p5
7206 Instructions to Jury 3 p1
7206 Instructions to Jury 3 p2
7206 Instructions to Jury 3 p3
7206 Instructions to Jury 3 p4
7206 Instructions to Jury 3 p5
7206 Jury Verdict Disregarded
7206 Jury p1
7206 Jury p2
7206 Jury p3
7206 Lesser Included Offense p1
7206 Lesser Included Offense p2
7206 Motion For Continuance
7206 Motion to Sever
7206 Motion to Transfer
7206 Motion to Vacate Sentence
7206 Net Worth Statement
7206 Offer in Compromise
7206 Perjury
7206 False or Fraudulent Returns p1
7206 False or Fraudulent Returns p2
7206 False or Fraudulent Returns p3
7206 False or Fraudulent Returns p4
7206 False or Fraudulent Returns p5
7206 Prior Convictions
7206 Prior Law
7206 Probation
7206 Prosecutor's Comment p1
7206 Prosecutor's Comment p2
7206 Restitution
7206 Right to Counsel p1
7206 Right to Counsel p2
7206 Sentence p1
7206 Sentence p2
7206 Sentence p3
7206 Sentence p4
7206 Sentencing Guidelines 1 p1
7206 Sentencing Guidelines 1 p2
7206 Sentencing Guidelines 1 p3
7206 Sentencing Guidelines 1 p4
7206 Sentencing Guidelines 1 p5
7206 Sentencing Guidelines 2 p1
7206 Sentencing Guidelines 2 p2
7206 Sentencing Guidelines 2 p3
7206 Statute of Limitations p1
7206 Statute of Limitations p2
7206 Venue
7206 Willfulness Defined p1
7206 Willfulness Defined p2
7206 Willfulness Defined p3
7206 Willfulness Defined p4
7207 Conviction
7207 Defenses
7207 Motion to Dismiss
7207 Sentencing
7207 Willfully Defined
7210 Willful Failure to Obey Summons
7212 Assault
7212 Bribery
7212 Constiutionality
7212 Indictment
7212 Interference p1
7212 Interference p2
7212 Interference p3
7212 Interference p4
7212 Jury Instructions
7212 Rescue of Seized, Levied Property p1
7212 Rescue of Seized, Levied Property p2
7212 Sentence p1
7212 Sentence p2
7212 Statute of Limitations
7212 Suppresion of Evidence
7215 Constitutionality
7215 Conviction
7215 Corporation
7215 Defenses
7215 Evidence
7215 Intent
7215 Speedy Trial
7216 Consent
7216 Preparer Defined
7216 Scope of Statute
7217 IRS Employees

 

Carryback Offset

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7203: Willful Failure to File Return, Supply Information, or Pay Tax: Defenses: Carryback Offset

 

[82-1 USTC ¶9305] United States of America , Appellee v. Rob ert E. Keltner, Appellant

(CA-4), U. S. Court of Appeals, 4th Circuit, No. 80-5100, 675 F2d 602, 4/5/82, Affirming unreported District Court decision

[Code Sec. 7201]

Fraud: Defenses: No deficiency because of carryback: Admission of summary charts with typographical errors: Admission of expert opinion.--Neither the District Court's jury instruction nor its admission of evidence was shown to have been erroneous so as to require a fraud conviction to be set aside. The jury's consideration of the taxpayer's testimony regarding a net loss carryback was properly limited to the issue of intent because proof of a subsequent loss carryback is not material to negate proof of fraud. The use of a summary chart was not prejudicial, in the sense that the taxpayer was denied a fair trial, because it was based upon evidence already before the jury and the typographical errors were identified and corrected. An expert opinion testimony was also not prejudicial since it was relevant and material to rebut the taxpayer's claim that the returns of a subchapter S corporation were accurate.

Stephen G. Jory, United States Attorney, Wheeling, West Virginia 26003, John F. Murray, Acting Assistant Attorney General, Michael L. Paup, Rob ert E. Lindsay, R. Russell Mather, Department of Justice, Washington, D. C. 20530, for appellee. Orville L. Hardman, for appellant.

Before WINTER, Chief Judge, PHILLIPS and MURNAGHAN, Circuit Judges.

MURNAGHAN, Circuit Judge:

Appellant Rob ert Keltner was charged by a federal grand jury on January 25, 1980, with two counts of willfully attempting to evade his federal income taxes for the calendar year 1972 and the calendar year 1973, in violation of 26 U. S. C. §7201, by filing false and fraudulent returns for those years. At trial the government used the net worth and personal expenditures methods of proof to show that appellant, an attorney, had received taxable income of $20,746.50 in 1972 and $111,547.85 in 1973, upon which there were taxes due of $6,063.51 and $62,037.50. His 1972 return, due April 15, 1973, but filed on March 22, 1974, reported a loss for tax purposes of $922.82 and no tax liability, although he inexplicably paid taxes of $196.75 for that year. His 1973 return, due April 15, 1974 , but filed on July 4, 1975 , reported taxable income of $2,376, and a tax liability of $792. According to the government's evidence, appellant had understated his tax liability by $5,866.56 in 1972, and $61,245.50 in 1973.

Appellant argued that he was entitled to additional deductions, not claimed on his returns, for net operating losses sustained by United Innkeepers, Inc., a Subchapter S corporation which he purchased in September, 1973. The informational return for the fiscal year ending August 31, 1974, due November 15, 1974, and filed by United Innkeepers on January 1, 1976 showed a net operating loss of $90,840.12, and the 1975 and 1976 returns, filed on April 17, 1980, and due respectively on November 15, 1975 and November 15, 1976, showed net operating losses of $86,606.70 and $63,744.47. He argued that the losses could be carried back to 1972 and 1973, thereby entirely eliminating any tax liability for those years.

The district court denied appellant's pretrial motion for acquittal and ruled that the evidence of United Innkeepers' losses could be admitted only to show appellant's lack of specific intent. After a jury trial appellant was found guilty on both counts, and the district court sentenced him to two concurrent five year sentences and fined him $10,000.

Appellant contends that the district court should have permitted him to establish as a defense that, because of the net operating losses, he had no tax liability for 1972 or 1973. Additionally, he argues that the testimony of the government expert and the summary chart on which he relied should not have been admitted into evidence.

[Net Operating Loss]

I. Appellant's argument relies heavily on the following sequence of events: in September, 1973, Keltner purchased United Innkeepers; on March 22, 1974 , he filed his 1972 return; and on July 4, 1975 , he filed his 1973 return. The returns were not fraudulent, he contends, because at the time they were filed he had, in fact, already incurred net operating losses which could be carried back, pursuant to 26 U. S. C. §172, to eliminate any tax liability for 1972 and 1973.

It is uncontested that, in order to convict a defendant of tax evasion, the government must prove that he actually owed some tax in excess of the amount stated on his return. E.g., Koontz v. United States [60-1 USTC ¶9405], 277 F. 2d 53 (5th Cir. 1960); Holt v. United States [59-2 USTC ¶9771], 272 F. 2d 272 (9th Cir. 1959). It by no means follows that, if a subsequently incurred net operating loss can be carried back to eliminate a tax liability that existed at the time the return was required to be filed, the defendant may escape conviction by reason of the fortuity of a later loss that would reduce or eliminate misstatements of tax liability fraudulent when made.

The lucky loser argument was rejected in Willingham v. United States [61-1 USTC ¶9401], 289 F. 2d 283 (5th Cir. 1961), cert. denied, 368 U. S. 828(1961). There the defendant admitted having claimed fictitious deductions during 1952 and 1953, but claimed, inter alia, that he should nevertheless be acquitted because a loss carryback from 1955 eliminated the 1953 liability. The court found that, although the defendant was entitled to deductions, he was not relieved from criminal liability. The court stated:

A taxpayer may not, with impunity, willfully make false deductions in an attempt to evade the 1953 tax, and which has the actual effect of reducing the tax imposed for that year, after taking into account all deductions that are then available, whether claimed or not, because fortuitously in 1955 a loss occurs, which for tax purposes can be carried back to wipe out the 1953 liability.

We think the crime is complete when with willful intent, a false and fraudulent return is filed for a year as to which, with all benefits arising out of events up to that time taken in his favor, there would still be a tax due by him but for the fraud. . . . Any adjustment that may be permissible resulting from subsequent losses does not prevent the fraud committed in 1953 from being an attempt to "evade or defeat any tax imposed by this chapter."

289 F. 2d at 288.

Appellant's distinction of Willingham is not persuasive. He argues that here the operating losses had accrued prior to the filing of the returns, and that he was entitled to show all deductions available at the time of actual filing, rather than at the time filing was required. Even if that were the case, it would save defendant only as to the second count. The 1972 return was filed on March 22, 1974 , and the corporation's fiscal year did not end until August 31, 1974 . A net operating loss sustained by a Subchapter S corporation does not become available to a shareholder until the corporation's taxable year which produces the loss has ended. 26 C. F. R. §1.1374-1(b)(2) (1981). Whether there would, indeed, be any loss at all of the year could not be ascertained until the year had fully run. It was therefore impossible to know whether there would be a net operating loss until a date well after the 1972 return was filed.

Appellant seeks unavailing solace in 26 U. S. C. §1374(c) which deals with allocation between a prior and a subsequent owner of a Subchapter S corporate loss. The loss for any year is prorated, based on the number of days during the year each owned the stock. However, that determination too can only be made after the full year is completed and the amount of the loss, if any, ascertained. While a seller may know immediately, if the sale takes place one month into the year, that the fraction of any loss which may eventually be attributable to him will be 31/365ths, nevertheless, he must wait until after the passage of the 365th day to know the amount to be multiplied against the fraction, and indeed to know whether there will be any loss whatever to which the fraction may be applied. Cf. 26 C. F. R. §1.1374-1(b)(2)(1981), supra ("The deduction allowed by shareholders by section 1374(b) is a deduction for the taxable year of the shareholder in which or with which the taxable year of the corporation ends. . . .").

More to the point, the actual time of filing is irrelevant. In Manning v. Seely Tube & Box Co. [50-1 USTC ¶9163], 338 U. S. 561 (1950), the IRS assessed a deficiency against defendant corporation for 1941. When the corporation filed its 1943 return, it had a net operating loss which, when carried back, wiped out the tax liability for 1941. The Supreme Court held that, notwithstanding the abatement of the 1941 deficiency, the interest assessed on the deficiency was unaffected. The Court stated:

From the date the original return was to be filed until the date the deficiency was actually assessed, the taxpayer had a positive obligation to the United States : a duty to pay its tax.

Id. at 565 (emphasis added). Similarly, in the present case, as of the date when the 1972 and 1973 returns were "to be filed" (i.e. April 15, 1973 and April 15, 1974 , respectively) appellant had an obligation to pay the tax due. The fact that subsequent operating losses would have permitted him to file an amended return and obtain a refund did not permit him to bypass the requirement of timely filing of a return indicating his income as of the date he was required to file. See also Simon v. Commissioner [57-2 USTC ¶9989], 248 F. 2d 869 (8th Cir. 1957) (1943 tax became due and payable on date 1943 return was required to be filed; subsequent operating loss subject to carryback did not relieve taxpayer from penalty for deficiency assessed based on 1943 return).

Appellant's interpretation of the net operating loss carryback provisions would create an enormous opportunity for abuse. Under his view, a taxpayer could simply falsify a return and refrain from claiming a net operating loss until the commencement of a tax evasion prosecution. If no prosecution occurred, the taxpayer would be free to carry the loss forward, getting a second benefit since by falsifying his return he would have eliminated the need to apply the loss to a prior year as it should have been. Moreover, a sufficiently wealthy taxpayer with no available net operating loss could fraudulently understate his tax liability, and only in the event of a tax evasion prosecution, purchase a corporation with accumulated losses, to apply to the wiping out of his prior tax liability, and therefore his criminal liability.

Appellant was, of course, entitled to argue that he truly believed, even if his belief was erroneous, that he owed no taxes, in order to prove his lack of intent to evade tax liability. The district court permitted him to testify extensively as to the losses, and instructed the jury to consider the testimony only on the issue of intent. In view of his failure to claim the losses on the 1972 and 1973 returns, or any amendments thereto, it is not surprising that the jury found the requisite intent to evade taxes. We find no error in the district court's treatment of the evidence of net operating losses.

[Properly Admitted Evidence]

II. Appellant next contends that the admission of the government's summary chart and of some of the explanatory testimony of the government's witness, David Bayha, were erroneous. The use of summary charts in tax evasion trials is within the trial court's discretion. United States v. Meriwether [73-2 USTC ¶9731], 486 F. 2d 498 (5th Cir. 1973), cert. denied, 417 U. S. 948 (1974). The charts are admissible only if they are "based upon and fairly represent competent evidence already before the jury." United States v. Conlin [77-1 USTC ¶9291], 551 F. 2d 534, 538 (2d Cir. 1977), cert. denied, 434 U. S. 831(1977). See also United States v. Moody [64-2 USTC ¶9873], 339 F. 2d 161 (6th Cir. 1964). An appellate court will reverse a conviction due to erroneous admission of the charts only if the defendant shows that he was prejudiced. United States v. Meriwether, supra. Cf. United States v. Conlin, supra (erroneous admission of chart did not deprive defendant of fair trial).

With exception of certain typographical errors, all of the figures listed in the summary chart were based upon evidence before the jury. The typographical errors in the chart were clearly identified and corrected by Bayha at trial, so appellant was not prejudiced. There was no error in the admission of the summary chart.

Appellant argues further that he was prejudiced by Bayha's testimony that the United Innkeepers corporate tax return was irregular. The argument has no merit. The district judge sustained an objection of the testimony on the ground that it was appropriate for rebuttal, but not for the case in chief. The testimony was clearly relevant and material, since defendant's claim that he had no tax liability rested on the premise that United Innkeepers returns were accurate. Bayha, as an expert witness, was competent to testify on the matter. It was within the judge's discretion to defer consideration of the matter until defendant had raised the defense, but there was no error in permitting Bayha to testify on the matter.

Accordingly, we affirm.

AFFIRMED.

 

 

[71-2 USTC ¶9729] United States of America , Appellee v. Nathan Suskin, Appellant

(CA-2), U. S. Court of Appeals, 2nd Circuit, Docket No. 35443, 450 F2d 596, 11/1/71, Affirming unreported District Court decision

[Code Sec. 7201--Result unchanged by '69 Tax Reform Act]

Crimes: Attempt to evade or defeat taxes: Jury trial: "Leads" doctrine: Defenses: Evidence.--The Court upheld the taxpayer's conviction for willful tax evasion for filing a false return. The "leads doctrine" (conceived in Holland v. United States, 54-2 USTC ¶9714) was misapplied where the government's method of proof was by specific items. However, the error was harmless because the District Court twice warned the jury that it must not consider the truth or falsity of the extra judicial declarations, but only whether they showed the government had followed up its leads. And, with respect to a premium payment (payoffs) lead, any impact the declarations might have was mitigated when an agent conceded that he would not expect those he questioned to admit receiving payoffs. The following issues were also decided by the Court: (1) The Court rejected the taxpayer's claim that he should be allowed to use Derby 's (the corporation he worked for) prior losses to present a carry forward defense. (2) Evidence that the IRS allowed a deduction for travel and entertainment to Kassel (the company on whose behalf payoffs were made) was properly excluded. (3) The District Court's refusal to charge the Cohan rule could not have affected the taxpayer's conviction. (4) It was proper to allow the jury to pass on both counts together. (5) The District Court did not abuse its discretion by refusing to grant an adjournment for the Passover season or by excusing jurors of the Jewish faith.

Rob ert A. Morse, United States Attorney, David G. Trager, Raymond J. Dearie, Assistant United States Attorneys, New York, N. Y., for appellee. Louis Bender, Lloyd A. Hale, 225 Broadway, New York , N. Y., for appellant.

Before MOORE , SMITH and HAYS, Circuit Judges.

SMITH, Circuit Judge:

Nathan Suskin was found guilty by a jury in the United States District Court for the Eastern District of New York, George Rosling, Judge, of willful tax evasion for filing a false return in 1961, in violation of 26 U. S. C. §7201, and acquitted of the same charge for failing to file any return in 1962, a special verdict indicating that the prosecution had failed to prove beyond a reasonable doubt that a return for 1962 was not filed. Suskin appeals from the resulting judgment of conviction on court one of the indictment. Suskin received an eighteen month sentence, fifteen of which were suspended, a year's probation, and a fine of $2,500. We find no error and affirm the judgment.

[Facts]

The business arrangements which gave rise to the suspect returns will be outlined only sparingly, without regard to Suskin's numerous points of contention at trial, since no attack is made in this appeal on the sufficiency of the evidence to support a verdict of guilty on count one. Suskin was a principal in Derby Fabrics, Inc. (" Derby "), a textile converting and jobbing concern of which one Finkle was president and sole stockholder. Prior to 1961 Derby accumulated substantial losses and debts personally guaranteed by Suskin. Sometime in 1960, Suskin entered a business relationship with Jerry Kassel, Inc. (" Kassel "), also a textile converter, which hoped to profit from Suskin's contacts within the taxtile industry.

In 1961 Suskin received some $32,000 from Kassel , largely, at Suskin's request, in the form of checks made payable to Derby which were cashed by Suskin; he was also reimbursed for between $1,500 and $2,000 in out-of-pocket expenses. Suskin reported a gross income of $11,650 and claimed deductions in the amount of $1,040, which were allowed by the government. Suskin explained that the unreported income received from Kassel had all been expended on "premium" payments (payoffs) to other business concerns, and payments on Derby 's outstanding loans. The government contended that in fact substantially all of the excess was pocketed by Suskin.

The facts underlying count two of the indictment, on which Suskin was acquitted, are important to this appeal only insofar as they detail a markedly different method of payment, and wholly different figures, than those set forth in court one. The government charged that Suskin, who reported $14,250 and no deductions on his copy of his 1962 return, which allegedly was never filed, in fact received $37,000 in compensation in 1962, including $15,250 in salary, $9,500 in commissions and $13,500 in unaccounted for travel and entertainment expenses; the mode of payment was said to be a salary check of $250 per week together with a travel and entertainment check of $250 per week with the balance received in commissions.

["Leads" Doctrine]

To defendant's explanations that his unreported income for 1961 had been spent variously on debt and "premium" payments, the district court applied the "leads" doctrine of Holland v. United States [54-2 USTC ¶9714], 348 U. S. 121 (1954), requiring the government to demonstrate that it had followed up the leads provided by defendant. Government compliance took the form of testimony by an Internal Revenue Service agent as to his conversations with third persons in positions to have received any debt or "premium" payments made. We agree with defendant, as the government now concedes, that the "leads" doctrine, conceived by the Holland court where the government's case rested on the "net worth" theory, is misapplied here where the government's method of proof was by specific items; we hold, however, that the error was harmless. First, the district court twice warned the jury that it must not consider the truth or falsity of the extrajudicial declarations, but only whether they showed the government had followed up its leads. Second, with regard to the "premium" payment lead, any impact the extrajudicial declarations might have had was mitigated when the trial judge elicited from the agent the concession that he would not expect those he questioned to admit receiving payoffs. Finally, with regard to the debt repayment lead, the agent's testimony was corroborated by subsequent direct testimony of the extrajudicial declarant.

[Remaining Contentions]

Defendant's remaining contentions, five in number, none of which we find meritorious, will be dealt with seriatim. Inasmuch as defendant admits having received and cashed some $32,000 in 1961 checks payable to Derby, the claim that he should be allowed to use Derby's prior losses to present a loss carry forward defense is absurd; the losses were corporate but the money never went to the corporation. Hauptman v. Director of Internal Revenue [62-2 USTC ¶9724], 309 F. 2d 62 (2d Cir. 1962) involves an entirely different case where the sharecholder of a one-man corporation elected, as the law permitted, to come under Subchapter S, thereby benefitting personally from the corporation's net operating losses even though liquidation was foreseeable.

The district court was correct in excluding evidence that the Internal Revenue Service had finally allowed Kassel a deduction for travel and entertainment. It is true that the Internal Revenue agent who conducted the audit on Kassel testified at trial that he had disallowed those deductions; but defense counsel, not the government, brought the disallowance to the jury's attention. The district court had previously directed defense counsel not to attempt to elicit the results of the audit of Kassel , and afterwards instructed the jury to disregard that information.

The district court's refusal to charge the rule of Cohan v. Commissioner of Internal Revenue [2 USTC ¶489], 39 F. 2d 540 (2d Cir. 1930), could not have affected defendant's conviction on count one of the indictment. Defendant was allowed all claimed deductions for travel and expenses in 1961; he attributed his unreported income to repayment of debts and to payoffs, to which the Cohan rule plainly has no relevance. Moreover, the jury could not have believed defendant made any substantial expenditures even for the purposes claimed, and still have found him guilty beyond a reasonable doubt.

It was proper to allow the jury to pass on both counts together. The jury was able to distinguish between them and indeed acquitted on the second.

Lastly, the district court did not abuse its discretion by refusing to grant an adjournment for the eight day Passover season or by excusing jurors of the Jewish faith. Defendant's cointention that he was denied a petit jury composed of a fair cross section of the community in violation of 28 U. S. C. §§ 1861, 1862 and 1863 is belied both by the district court's efforts to accommodate prospective jurors of the Jewish faith, specifically by the announcement during voir dire that there would be no sessions on the principal holidays, and by the actual qualification of Jewish jurors. There is no indication either of systematic exclusion of Jewish jurors or that defendant was denied a fairly representative jury.

Judgment affirmed.

 

 

[2002-1 USTC ¶50,456] United States of America , Plaintiff-Appellee v. Michael Wick, Defendant-Appellant

(CA-9), U.S. Court of Appeals, 9th Circuit, 00-10446, 2/11/2002 , 2002 U.S. App. LEXIS 2380. Affirming an unreported District Court decision

[Code Sec. 7203 ]

Evasion of taxes: Willful: Sufficiency of the evidence: Failure to supply information: Defenses.--Sufficient evidence existed to find that an individual taxpayer willfully attempted to evade payment of his individual tax liability. The taxpayer offered no proof that corporate transactions were repayments of loans and, therefore, not taxable income. Additionally, the taxpayer had already committed tax evasion by assuming control over the funds and failing to report such funds on his return. Finally, the purported joint ventures between the taxpayer and his corporation were sham transactions used by the taxpayer to divert funds from the corporation for personal use.

[Code Sec. 7203 ]

Penalties, criminal: Evasion of taxes: Defenses: Carryback offset: Sentencing guidelines: Downward departure.--A taxpayer convicted of attempted tax evasion could not use his corporation's future net operating losses to reduce the total tax loss for purposes of sentencing. Also, the trial court's decision not to downward depart the taxpayer's sentence for tax evasion based on diminished capacity was not subject to review.

[Code Sec. 7206 ]

Evasion of taxes: Willful: Fraud and false statements: Sufficiency of the evidence: Failure to supply information: Assisting in preparation of fraudulent returns.--Sufficient evidence existed to find that an individual taxpayer assisted in the preparation of false returns with respect to his closely held corporation. The court found that the taxpayer closely directed all aspects of the corporation's accounting and bookkeeping. The taxpayer's conduct demonstrated his assistance in the preparation of a false return, rather than the financial officer's transfer of information to the return. The trial court's decisions on carryback offset and downward departure in sentencing were proper.

Karen Quesnel, Rob ert E. Lindsay, Alan Hechtkopf, Samuel R. Lyons, Department of Justice, Washington, D.C. 20530, for plaintiff-appellee. Stephen M. Dichter, Rodney W. Ott, Bryan Cave LLP, Sally S. Duncan, Phoenix, Ariz., Alan Ellis, Law Offices of Alan Ellis, Sausalito, Calif., for defendant-appellant.

Before: PREGERSON and RAWLINSON, Circuit Judges, and WEINER, District Judge. 1

è Caution: This court has designated this opinion as NOT FOR PUBLICATION. Consult the Rules of the Court before citing this case.ç

MEMORANDUM 2

I.

Michael Wick appeals his jury trial conviction and sentence for tax evasion and aiding the filing of a false return. We affirm.

The facts are well known to the parties and will be repeated here only as is necessary to explain our decision. The indictment charging Wick contained five counts Counts 1, 2 and 3 charged violations of 26 U.S.C. §7201, willfully attempting to evade and defeat personal income taxes for tax years 1991, 1992 and 1993 respectively. Counts 4 and 5 of the indictment charged violations of 26 U.S.C. §7206(2), aiding and assisting in the preparation of a false tax return. These counts involved the FY 1991-92 and 1992-93 corporate returns of Wick's closely held corporation, CTI. Following trial, the district court dismissed Count 4 relating to the corporate return for FY 1991-92, because there was no evidence that a person with the requisite authority signed that return.

II.

As to the conviction for Count 5, Wick argues the government failed to establish willful intent to defraud the IRS because CTI's return was prepared by its accountant Schneider, whom, Wick argues, simply assumed that Wick's personal expenses improperly paid by CTI during the tax year, had been corrected. He asserts that Schneider failed to ask Wick or CTI's Chief Financial Officer if the information Schneider was given to prepare the returns was correct and thus failed to make reasonable inquiries into information he found incorrect, inconsistent, or incomplete. 3

These arguments ignore the other evidence adduced by the government which was sufficient to prove willfulness. It was undisputed that Wick closely oversaw all aspects of the company's accounting and personally directed how the improper charges would be expensed by the company. This included purposely spreading large expenditures among several different categories to hide their true nature. Viewed from the light most favorable to the government, Wick's direction to the bookkeepers, both orally and in notations on accounting records, to charge CTI with his personal expenses, and how to categorize them for bookkeeping purposes, was sufficient to demonstrate that the act of charging the items to the company was willful. See United States v. Tucker [98-1 USTC ¶50,147], 133 F.3d 1208, 1218 (9th Cir. 1998) (to prove willfulness, the government must show that the defendant intended to violate the law or knew that his actions would do so.) It was this conduct that government asserted constituted aiding and assisting or otherwise causing the preparation or presentation of a false return, not merely the act of transferring this information to the return. But for the improper bookkeeping entries, the return would not have been fraudulent; the return was based directly upon the accounting records kept over the course of the fiscal year, which the evidence showed Wick willfully caused to show that his personal expenses were legitimate expenses of the business. As any conduct, the likely effect of which would be to mislead or conceal, is sufficient to demonstrate willfulness, Spies v. United States [43-1 USTC ¶9243], 317 U.S. 492, 499, 63 S.Ct. 364, 368, 87 L.Ed. 418 (1943), the government clearly met its burden. Wick's arguments regarding the role of Schneider go to the weight the jury assigned that evidence, not the sufficiency of the government's evidence of Wick's intent.

Wick's argument regarding the manner in which the real estate expenses were categorized suffers from the same problem. Wick argues the government improperly relied upon the evidence of CTI's bookkeeper, Preston , who admitted she never discussed CTI's real estate business with Wick, to establish the improper classification of the expenses. This argument also goes to weight not sufficiency. It also ignores other evidence that the real estate, whose purchase and renovation costs were expensed on CTI's books, were never owned by CTI. Rather, it was titled in Wick's name and when sold, Wick retained the profits of the sale. Wick also retained the profits from sales of personalty that were paid by CTI as business expenses, such as an ATV and two snowmobiles. This demonstrated his knowledge that the expenses were indeed personal. Given this and the other evidence in the record, we find the government clearly demonstrated the willfulness element of §7206(2).

Similarly, Wick arguments regarding the sufficiency of the evidence on the evasion counts relating to his personal returns also ignore other evidence that demonstrated willfulness. He contends the evidence of willfulness was insufficient because every alleged inaccuracy in his personal returns grew out of the alleged accounting "incompetence" at CTI. He cites as an example testimony that those at CTI responsible for preparing Form 1099s admitted they "forgot" to prepare them. He also points to the fact that he never affirmatively directed anyone at CTI to not prepare the forms. He asserts that all the amounts the government contends Wick failed to report as income were not income, but rather repayment of the loans he previously made to CTI, which CTI's bookkeepers failed to properly record as loan repayments on CTI's books. Finally, he asserts that the government failed to refute his contention that the expenses related to the real properties were made as part of joint ventures between him and CTI. These arguments suffer several problems.

First, the evidence demonstrated that Wick himself directed how these personal expenses were to be entered on CTI's books, in several instances spreading the payments among several categories in an attempt to hide their true nature. Second, it is irrelevant whether these expenses could have been entered on CTI's book so that they would have had no present tax consequences to Wick.

Where the taxpayer has sought to conceal income by filing a false return, he has violated the tax evasion statutes. It does not matter that that amount could have somehow been made non-taxable if the taxpayer had proceeded on a different course. To apply the constructive distribution rules to this situation would nullify all of the taxpayer's prior unlawful acts.

United States v. Miller [76-2 USTC ¶9809], 545 F.2d 1204, 1214 (9th Cir. 1976). Miller goes on to note

At the time the funds are initially diverted it might well be argued that they could constitute either income or a return of capital. However once the taxpayer has assumed control of the funds and then fails to report such funds as income or to make any adjustments in the corporate books to reflect a return of capital, he has already violated the tax evasion statutes.

Id. at 1214 n. 12 citing Spies [43-1 USTC ¶9243], 317 U.S. at 498-99. The language of this note directly refutes Wick's argument that the improperly paid expenses can be redesignated a return of loan principal after the fact. Accordingly, his argument that CTI's repayment of its loan would not constitute income to Wick is inapposite. 4

In addition, Wick's assertion that there was insufficient evidence of willfulness because the witnesses testified that they merely "forgot" to issue Wick 1099 forms, goes to the weight of that evidence and not its sufficiency. It was for the jury to determine whether they believed this evidence, or whether someone who reports taxable income of $ 85,000 would forget he had nearly again that same amount--$ 77,000--in income transfers that his company forgot to document on a 1099 form.

Wick's joint venture argument ignores other evidence which the jury could have used to find that no joint ventures ever existed. There was no documentation to support the existence of a joint venture; Wick never told any employees at CTI that he created any joint ventures; the sale proceeds went entirely to Wick. Viewing the evidence in the light most favorable to the government, the jury was within its bounds to conclude the joint ventures were a sham used by Wick to divert income out of CTI without paying tax.

Finally, Wick argues that his conviction on Count 1, which alleged tax evasion in 1991, must be vacated because the district court determined the CTI tax return for FY 1991-92 was never properly filed. He asserts that because no valid return existed, the government cannot impute disallowed business expenses to him, because CTI can still file a legitimate return properly characterizing those expenses as repayment of loans. This argument again ignores the fact that the government placed sufficient evidence before the jury for it to conclude that Wick evaded taxation at the point where he directed the bookkeepers to record the payments as business expenses, rather than against his loan accounts. Income is received when the taxpayer has an "undeniable accession[] to wealth, clearly realized, and over which the taxpayer has complete dominion." Commissioner v. Glenshaw Glass Co. [55-1 USTC ¶9308], 348 U.S. 426, 431, 99 L.Ed. 483, 75 S.Ct. 473 (1955). Any attempt to argue that CTI could still go back and change its corporate records is refuted by our holding in Miller that once the taxpayer has assumed control of the funds and then fails to report such funds as income or to make any adjustments in the corporate books to reflect a return of capital, he has already violated the tax evasion statutes. Id. [76-2 USTC ¶9809], 545 F.2d at 1214 n. 12.

III.

In Count 4, the government charged that Wick willfully aided and assisted in the preparation and presentation of false and fraudulent corporate tax returns for fiscal year 1991-92. As mentioned above, the district court vacated the conviction on this count because the evidence at trial demonstrated that Jennifer Preston, the CTI bookkeeper, signed the return when she had no authority to do so. Wick argues that he was prejudiced by the introduction of evidence relating to that count. He also argues that Count 1, which charged a willful attempt to evade and defeat income taxes for tax year 1991, should have been dismissed, because it depended upon the jury convicting him on Count 4.

Under Fed. R. Evid. 402, the evidence which supported Count 4 was also relevant to Count 1 to show that Wick used CTI's funds for his personal benefit during 1991. The payment by CTI of Wick's personal expenses during the 1991-92 fiscal year, constituted income which should have been reported on Wick's calendar year 1991 personal return. The evidence of how CTI's bookkeepers recorded these expenses was clearly relevant to Count 1 to show Wick had dominion and control over the money without paying taxes on it.

It is thus irrelevant to the viability of the conviction on Count 1 whether the conviction on Count 4 was proper. Wick makes no cogent argument that there is a requirement of a quid pro quo to support the two convictions, i.e. that one conviction necessarily supported the other. The two counts charged different crimes related to different tax obligations. The legal defect the district used to overturn the conviction on Count 4--the failure of an authorized person to sign the return--had no bearing on the ultimate question of whether Wick realized income during that year which he willfully evaded on his personal return.

IV.

Wick next takes issue with the amount of the tax loss to the government calculated by the probation officer and accepted by the district court at sentencing. The total tax loss was determined to be $ 348,693.56. Wick argues this amount disregarded CTI's net operating loss of $ 419,376 for FY 1993-94, which when carried back to FY 1992-93, would have allegedly reduced the total tax loss to $ 229,390. The application of a carry back is a question of law which we review de novo. We find the district court was correct in not taking the carry back into consideration in determining the total tax loss.

Wick concedes that in tax evasion cases, a net operating loss is generally not a factor at trial or sentencing. He argues that his is a special case because CTI's net operating loss was known at the time the 1992-93 corporate tax return was filed. Wick cites no authority to support this argument. Although the Ninth Circuit has never addressed the issue of whether a net operating loss may be carried back to reduce the total tax loss in a tax evasion case, cases from other circuits have uniformly rejected allowance of such a carry back. See A.C. Willingham v. United States [61-1 USTC ¶9401], 289 F.2d 283 (5th Cir. 1961) (crime of tax evasion is complete when, with willful intent, a false and fraudulent return is filed for a year as to which there would still be a tax but for the fraud; any adjustment that may be permissible resulting from subsequent losses does not prevent the fraud already committed from being an attempt to evade or defeat tax); United States v. Keltner [82-1 USTC ¶9305], 675 F.2d 602 (4th Cir. 1982) (subsequently incurred net operating loss cannot be carried back to eliminate a tax liability that existed at the time the return was required to be filed; otherwise the defendant may escape conviction by reason of the fortuity of a later loss that would reduce or eliminate misstatements of tax liability fraudulent when made). We agree that permitting the use of a carry back to reduce the total tax loss to the government would permit the taxpayer to further manipulate the fortuity of the later loss to eliminate the prior evaded tax by simply delaying the filing of the fraudulent return. In addition, if there was some other reason for the delay, the taxpayer could deliberately falsify the return with impunity knowing that if he was caught he could always claim the carry back. If not caught, the taxpayer would then be free to apply the loss forward to diminish a future year's tax liability. We thus conclude that Wick may not attempt to use CTI's subsequent losses to lower the total tax loss to the government.

V.

Finally, Wick argues the district court erred in failing to depart downward based on diminished capacity. A district court's discretionary refusal to depart from the Guidelines is not reviewable on appeal. United States v. Davoudi, 172 F.3d 1130, 1133 (9th Cir. 1999) However, if the trial court indicated that it did not have discretion under the Guidelines to depart, that determination is reviewed de novo. Id. There is nothing in the record of the sentencing that would indicate the district court thought it had no discretion to award the downward departure for diminished capacity. Indeed, the district court's statements indicated the contrary, that the court knew it had discretion and exercised that discretion because it did not believe Wick's evidence. As such, its decision to deny the downward departure is not subject to review.

AFFIRMED.

1 Honorable Charles R. Weiner, Senior United States District Judge for the Eastern District of Pennsylvania, sitting by designation.

2 This disposition is not appropriate for publication and may not be cited to or by the courts of this circuit except as may be provided by 9th Cir. R. 36-3.

3 Wick also points to the fact that the FY 1992-93 return was signed by the CFO and not Wick, in arguing the government failed to demonstrate willfulness on Count 5. Unlike the 1991-92 return, there is no suggestion that the CFO was not authorized to sign the 1992-93 return on behalf of the company.

4 Wick also argues that the district court failed to properly instruct the jury on how to determine whether a transaction constituted a loan for purposes of the income tax code. Specifically, he argues the district court failed to instruct on the seven factors listed in Welch v. Commissioner [2000-1 USTC ¶50,258], 204 F.3d 1228, 1230 (9th Cir. 2000). There is no indication that counsel ever raised or preserved this issue prior to the court's instructing the jury. Our standard of review is thus for plain error. Jones v. United States , 527 U.S. 373, 388, 119 S.Ct. 2090, 144 L.Ed.2d 370 (1999); United States v. Anderson , 201 F.3d 1145, 1148 (9th Cir. 2000).

In Webb, we said that the following factors are, while non-exclusive and no single factor is dispositive, indicia of a bona fide loan: (1) whether the promise to repay is evidenced by a note or other instrument; (2) whether interest was charged; (3) whether a fixed schedule for repayments was established; (4) whether collateral was given to secure payment; (5) whether repayments were made; (6) whether the borrower had a reasonable prospect of repaying the loan and whether the lender had sufficient funds to advance the loan; and (7) whether the parties conducted themselves as if the transaction were a loan. Id. at 1230. The district court, again with no objection or preservation of the issue, charged the jury that "a loan which the parties to the loan agree is to be repaid does not constitute gross income as that term is defined by the Internal Revenue Code. However, merely calling a transaction a loan is not sufficient to make it such. When money is acquired and there is no good faith intent on the part of the borrower to repay the funds advanced, such funds are income under the income tax laws and taxable as such." The district court's failure to include the Webb factors was not plain error since there is no argument that it failed to adequately advise the jury how the law treats the taxability of loan proceeds or highly prejudiced Wick's substantive rights. Under a plain error review this is all that was necessary. United States v. Garcia-Guitar, 160 F.3d 511, 516 (9th Cir. 1998) (plain error is a highly prejudicial error affecting substantial rights).

 

 

[61-1 USTC ¶9401]A. C. Willingham, Appellant v. United States of America , Appellee

(CA-5), U. S. Court of Appeals, 5th Circuit, No. 18381, 289 F2d 283, 4/20/61, Aff'g an unreported District Court decision

[1939 Code Sec. 145(b)--similar to 1954 Code Sec. 7201]

Conviction for tax evasion: Seeking to show, during the trial, that previously unclaimed carryovers and carrybacks would have eliminated income for fraud years: Bankruptcy reorganization.--The taxpayer had been convicted of attempting to evade income taxes owed for 1952 and 1953 by a corporation of which he was then the sole stockholder. Substantial losses had been suffered by the corporation in 1949 and 1950, before a bankruptcy reorganization which put the taxpayer in control. The trial court properly refused to permit the taxpayer to introduce evidence that these losses would have wiped out any corporate income for 1952 and 1953. The reorganization resulted in the corporation's being a different taxpayer in 1952 and 1953 than the one that had suffered the losses in 1949 and 1950, even though the corporate shell remained the same. Nor could a loss suffered in 1955 be carried back to wipe out 1953 income, since the crime was completed when the return was filed for 1953. A "fortuitous" loss in 1955 does not change the intent with which the fraudulent return was filed two years earlier. Conviction affirmed.

Joe G. Fender and Gordon J. Kroll, Houston , Tex. , for appellant. Randolph F. Wheless, Jr., Assistant United States Attorney, Houston , Tex. , for appellee.

Before TUTTLE, Chief Judge, BROWN, Circuit Judge, and CLAYTON, District Judge.

TUTTLE, Chief Judge:

This appeal from a conviction in a prosecution for an attempt to evade income tax presents the question whether the trial court erred in preventing the accused from showing that no taxes were due for the two prosecution years. The appellant does not here contest the sufficiency of the evidence to sustain a jury's verdict of guilty, based on testimony that he had wilfully set up fictitious expense deductions on the books of the company of which he was president, unless he is to be permitted to reconstruct the income for the years 1952 and 1953. There was undisputed evidence that the false and fictitious entries resulted in defeating the government in collecting part of the tax shown on the return to be due during these years.

What the appellant does assert is that he was entitled to prove that the true tax liability of the corporation for the years 1952 and 1953 should be arrived at by reconstructing the returns for these years after giving effect to substantial loss carryovers from the years 1949 and 1950.

The government's principal reliance in objecting to proof tendered by appellant below of the amount of loss carry-overs is that these loss carry-overs are not available to appellant's corporation because the government says the corporation is "not the same taxpayer" as that which suffered the losses because the corporation went through a Chapter X Bankruptcy Act reorganization subsequent to the losses sought to be carried forward.

[Reorganization Took Place in 1950]

For several years prior to November 20, 1950 , Gulf Southwestern Transportation Company, Inc., was engaged in the business of a truck carrier operating under a certificate of public convenience and necessity issued by the Interstate Commerce Commission. We take it as true for the purpose of this appeal that during the years 1949 and 1950 it suffered substantial losses, as it had in prior years. This resulted in the filing of a petition for reorganization in the bankruptcy court by the corporation. This was followed by the filing of a plan of reorganization which was finally accepted and made operative by an order of the District Court, November 20, 1950 . Under this plan of reorganization, the corporate shell remained and its I. C. C. certificates continued to be effective although its capital structure was somewhat modified in that the plan called for the surrender of the stock by minority stockholders and the retention by one Culbertson of his stock; this stock was to be purchased by A. C. Willingham, the appellant here. Willingham was to pay a sum which Culbertson agreed would be used to pay certain preferred claims against the corporation and to pay a percentage of other claims, including the United States Government's claim for taxes and to pay 10% on the claims of ordinary unsecured creditors. This, of course, amounted to a donation to capital. All other debts of the corporation were wiped out under the plan of reorganization. There was a further partial modification on the capital structure of the corporation in the provision in Willingham's contract to purchase the stock which required him to "cause" the corporation "to assign to Culbertson . . . 5% of the gross revenues of such corporation", such amount to represent a minimum payment which Willingham agreed to make in payment of the purchase price for the stock. It is to be noted that this payment was to be made whether or not there were any profits in the operation, and thus were to be made even though they impaired the capital of the corporation.

Willingham was elected President and took complete charge of the corporation's operation. The corporation's income tax return for the period of November 20 through December 31, 1950 showed a loss of $736.93. The corporation income tax return for the entire calendar year 1950 showed a loss of $28,490.87, of which $27,753.94 represented losses incurred prior to the reorganization. Proof offered by the appellant was to the affect that the 1949 operation showed a net loss of $46,079.36. It was the taxpayer's contention that this figure could, under existing provisions of the 1939 Internal Revenue Code be carried forward to 1952, and when this was done it would wipe out completely any income for that year. Then, by carrying forward the net loss of $28,490.87 of 1950 to the year 1953, this would also eliminate any deficiency in taxes for that year.

[Gov't Objected To Evidence of Losses]

When the appellant sought to tender evidence touching on the net loss for the years 1949 and 1950, prior to the reorganization, government counsel objected on the ground that these net losses could not be applied to determine the tax liability of the corporation resulting from its operations subsequent to the reorganization. The trial court sustained this objection, but by agreement with counsel provided a means by which a proffer of proof could be made in order that the correctness of the court's ruling could be adequately presented on appeal. 1

It is undoubtedly true, as the trial court held in this case, that conviction under Section 145(b) of the Internal Revenue Code of 1939, 26 U. S. C. A. (Internal Revenue Code of 1939 as amended) 145(d) cannot be supported in the absence of a showing that the government was due a tax in excess of that reported. Koontz v. U. S., 5th Cir. [60-1 USTC ¶9405] 277 F. 2d 53. As stated in Mertens Law of Federal Income Taxation, Section 55, 37:

"A prosecution for wilful failure to file a return may be maintained where there is no tax due. But no prosecution for wilful attempt to evade or defeat a tax is possible unless there is some tax due."

The government does not contest the correctness of this proposition. It says that on the record here before the court there is no evidence or proffer of proof which would permit a jury to find that the tax due by the corporation is anything other than as reported in its income tax returns for 1952 and 1953 as modified by the proven falsities touching on the fictitious deductions.

The parties present a difficult question when they ask whether a corporation whose debts have all been wiped out by a Bankruptcy Act reorganization is nevertheless "the same taxpayer" which the terms of the carry-over provision of the Internal Revenue Code say can carry forward the losses which created the forgiven debts in order to wipe out income for tax purposes in future years.

The appellant strongly relies on New Colonial Ice Co., Inc. v. Helvering [4 USTC ¶1292], 292 U. S. 435 where in a reorganization proceeding, a new corporation took over the business and the court held that this new corporation was not the same taxpayer and was not entitled to the loss carryover under a somewhat similar earlier statute. Appellant stresses particularly the language of the Court, "Its words are plain and free from ambiguity. Taken according to their natural import, they mean that the taxpayer who sustained the loss is the one to whom the deduction shall be allowed." The appellant points out that in the present case this is unquestionably the same corporate person that sustained the loss prior to reorganization and the case thus fits neatly within the language of the act as applied by the Supreme Court. Of course, there the taxpayer sought to carry the loss over from one corporation to a new corporate entity which was alleged to be in substance the same taxpayer. In denying the right to do so, the court used the language quoted above. Here, the contention is made that, even though greatly changed in substance following the tax loss years the identity of the corporate entity after the reorganization with that before satisfies the requirement.

[Only the Corporate Shell Remained]

The government contends that conceptually this is not the same taxpayer, because, although the corporate shell remains the same, the structure is entirely different and the new sole owner of the entire stock of the company has so identified himself with the corporate taxpayer, both by the obligation he undertook touching on the withdrawal of funds from the company, regardless of income, and because of his complete domination and management, as to make it in substance, though not in form, a separate taxpayer. Principal support for the government's theory is found in Libson Shops, Inc. v. Koehler [57-1 USTC ¶9691], 353 U. S. 382, in which the "continuity of a business enterprise" is made the test. In Libson the court found in unnecessary to decide whether the corporate identity principle controlled, because the court found that there was a lack of continuity of a single business enterprise. There the post-merger corporation which has been the parent of sixteen separate operating companies sought to carry forward losses suffered by three of the operating companies to offset profits earned subsequent to the merger. To be sure, the taxpayer corporation was not the same corporation that had suffered the losses, and in that respect is different from the Transportation Company here.

This Court, in Mill Ridge Coal Co. v. Patterson, 5 Cir., [59-1 USTC ¶9315] 264 F. 2d 713, applied the same test of "continuity of business enterprise" in the case of a single corporate taxpayer that disposed of its assets and after change of ownership of the stock engaged in a new type of business: oil distribution as against coal mining. We held there "that the taxpayer here, as in the Libson case, supra, is not the 'taxpayer' within the meaning of 26 U. S. C. A. §122(b)(2)(C)."

In the case before us we have, instead of a complete reorientation of business activity, substantially the same kind of business carried on, but by a corporation having entirely new stock ownership and with an entirely new corporate structure. Its debts have been wiped out, by the adoption of the plan provided for under the Bankruptcy Act, and its only assets are saved for it by an agreement of the sole stockholder to pay into the corporation the sums necessary to pay the mortgage holders and state and county in full, the federal government in part and 10% to unsecured creditors. Its structure is further modified by the agreement under which the stock was sold to Willingham. He was to pay to the remaining single stockholder Culbertson enough to reimburse Culbertson for the obligations just enumerated, and he pledged 5% of gross revenues of the corporation to secure the payment of the purchase price. This, thus, left the corporation's new reconstituted capital subject to being depleted if operating profits did not yield the 5% of the gross revenues which Willingham was obligated to pay.

[Court Agrees with Government]

We think that in every sense of the word except for the uninterrupted corporate existence under the state charter, the taxpayer that commenced operations on November 20, 1950, was as it stated in its own income tax return 2 a new business enterprise. The complete identification of the single stockholder with the corporation, by his personal undertaking to pay off the creditors (to the extent to which they were paid at all) and his pledge of 5% of gross income of the future operations whether or not earned made of this corporation after reorganization a completely different corporate person than when it was incurring the losses here sought to be carried forward. It, therefore, does not fit into the scheme which Congress had in mind when it passed the carryover law, "designed", as the Supreme Court said in Libson, to "permit a taxpayer to set off its lean years against its lush years, and to strike something like an average taxable income over a period longer than a year." 353 U. S. 385. This loss taxpayer "set off its lean years" by having them wiped out in reorganization proceedings.

We conclude therefore that on the undisputed facts tendered by Willingham's proffer of evidence to show that there was no tax due for 1952 and 1953, evidence of losses incurred in 1949 and 1950 was not admissible.

[Nor Was Loss Carryback Available]

We next come to the claim that a loss sustained in 1955 should have been carried back to 1953, and that if this had been done no tax would be due for that year. This would not affect the 1952 conviction, but would be a defense to the 1953 charge. Whatever problems there might be as to loss carry-overs, there can be no difficulties as to loss carrybacks. 3 They operate retrospectively to reduce or extinguish a tax previously due. In an analogous situation imposing the 50% civil penalties on the whole of the initial deficiency with no reduction from the loss carryback allowed, the Eighth Circuit had this to say:

"The tax for 1943 became due and payable on the date the taxpayer was required to file her 1943 return, and the penalties became due and payable on the same date. The carryback provision does not relieve the taxpayer of the obligation to pay the tax in full when it falls due, and can not be interpreted as deferring taxpayer's duty to pay the tax promptly. Manning v. Seeley Tube & Box Co. [50-1 USTC ¶9163], 338 U. S. 561, 70 S. Ct. 386, 94 L. Ed. 346. In the case just cited the Court held that where a deficiency and interest have been assessed, a subsequent carryback loss which abates the deficiency does not abate the interest assessed. The reasoning of the Manning case supports the fraud and delinquency penalties here determined. The decision upon this issue also finds support in other cases. See C. V. L. Corporation v. Commissioner [CCH Dec. 18,628], 17 T. C. 812; Auerback Shoe Co. v. Commissioner [CCH Dec. 19,972], 21 T. C. 191, affirmed, 1 Cir., [54-2 USTC ¶9673] 216 F. 2d 693; Nick v. Dunlap, 5 Cir., [51-1 USTC ¶9109] 185 F. 2d 674; Petterson v. Commissioner [CCH Dec. 19,359], 19 T. C. 486." Simon v. Commissioner, 8 Cir., 1957, [57-2 USTC ¶9989] 248 F. 2d 869 at 877.

As this quotation reflects, this Court has taken a like view. Nick v. Dunlap, 5 Cir., 1950, [51-1 USTC ¶9109] 185 F. 2d 674.

A taxpayer may not, with impunity, wilfully make false deductions in an attempt to evade the 1953 tax, and which has the actual effect of reducing the tax imposed for that year, after taking into account all deductions that are then available, whether claimed or not, because fortuitously in 1955 a loss occurs, which for tax purposes can be carried back to wipe out the 1953 liability.

We think the crime is complete, when with wilful intent, a false and fraudulent return is filed for a year as to which, with all benefits arising out of events up to that time taken in his favor, there would still be a tax due by him but for the fraud. Such tax is, in our opinion, the "tax imposed by this chapter." Any adjustment that may be permissible resulting from subsequent losses does not prevent the fraud committed in 1953 from being an attempt "to evade or defeat a tax imposed by this chapter." See Spies v. U. S. [43-1 USTC ¶9243], 317 U. S. 492 and Goo v. U. S., 9 Cir., [51-1 USTC ¶9259] 187 F. 2d 62, cert. den. 341 U. S. 916.

We conclude, therefore, that the carryovers from 1949 and 1950 were not available to effect the tax liability of Southwestern after reorganization in 1950. Thus the proffered testimony touching on them was irrelevant. We also conclude that the 1953 offense was complete when the tax return for that year was filed, and it could not be undone by subsequent year's tax consequences. The trial court therefore properly rejected the proof touching on these matters.

The judgment is AFFIRMED.

1 The trial court said in this connection:

"The defendant has offered the 1950 income tax return, or more accurately, you have offered your own retained copy of the income tax return for Gulf Southwestern Transportation Company for 1950. The government contends that it is irrelevant and not admissible for that reason. Defense contends that it reflects a loss of some $28,000.00 which might be carried forward and taken advantage of in 1952 by Gulf Southwestern Transportation Company, on the theory that if that $28,000.00 loss were carried forward, it would reflect that in truth no tax was due by the corporation for 1952, hence your client as president of the corporation, could not have been guilty of attempting to evade taxes when in fact there were no taxes due by the corporation for 1952.

* * *

So, recognizing your right to raise the point that there were no taxes due by the corporation in 1952, we come to the next question, as to whether the loss carryover from 1950 is a proper means of doing so; and it is there that I think your captionposition--I am speaking to the defense attorneys at the moment--is not well taken, because I am of the view that the corporation in 1952, following the corporate reorganization. is not the same taxpayer in contemplation of the statute, so as to permit the loss to be carried forward. * * *

* * * The proceeding was in Bankruptcy Court of the Northern District of Taxes for several months, and a plan of reorganization was ultimately agreed to by all of the creditors, approved by the Court, and was put into operation. What the plan was is reflected by the instrument which you all have shown me and have offered in evidence. It was substantially that Culbertson acquired all of the stock of the corporation, and, by order of the Court, what he didn't acquired was canceled.

"He and the defendant here, Willingham, entered into an agreement contemporaneously with and as a part of the plan of reorganization, whereby Willingham would buy all of the corporate stock from Culbertson, and in fact did so. All of the debts of the corporation were released under the Bankruptcy Statutes: the creditors, of course, received a reduction in the claims which they had against the corporation, one of which, as we noted in our conference, was the collector of Internal Revenue; any, having been released of its old debts and set again upon a new path, the corporation was operated thereafter by Mr. Willingham as its sole stockholder.

"That presents us with the question as to whether the corporation, still operating under the same charter but having been reorganized under Section 77b, having its debts forgiven and starting over again under complete change of ownership and management, is the same taxpayer as the term "the same taxpayer" is used in Section 122 of the 139 Code, which gives the right, in some instances, of a tax loss carry-over."

2 On each of its income tax returns filed through 1955, the corporation entered as date of incorporation " 11-20-50 ". In the first such return it was also stated, "Reorganization in bankruptcy."

3 This basic distinction is recognized by tax writers. See Gutkin, Tax Law Violations and Enforcement; The Handling of Penalty Cases, Proceedings of New York University, Sixth Annual Institute on Taxation, 1948, 189 at 203-4; and Gilman, Current Problems in Criminal Tax Fraud, 33 Taxes 749, 752 (1955); Balter, Fraud Under Federal Tax Law, pp. 349-51 (2 ed. 1953).

 

 

[53-1 USTC ¶9168] United States of America , Plaintiff v. Carl Tusan, Defendant

In the United States District Court for the Southern District of California, Northern Division, Nos. 3073 ND, 3093, February, 1951, Grand Jury., September 4, 1952

Penalty for fraud: Effect of carry-back.--The taxpayer filed a false income tax return for the year 1945. A fine for 1945 was held not subject to reduction by a net operating loss carry-back from the year 1947. The court held, in effect, that the taxpayer's criminal act was established on March 15, 1946, at the time he filed the 1945 return, and that events not known at that time, and not foreseen, occurring in a later year, did not eliminate the fraud offense.

Walter S. Binns, United States Attorney, by B. B. Laven, for plaintiff. Harold Judson, for defendant.

STIPULATION (No. 3073 ND)

IT IS HEREBY STIPULATED AND AGREED by and between the United States of America , Plaintiff, and Carl Tusan, Defendant in the above-entitled matter:

1. That the plaintiff and the defendant hereby waive a jury trial in the above-entitled cause.

2. That if the witnesses on behalf of the Government were sworn, they would testify to facts which would establish each and every allegation contained in Counts One and Two of the Indictment, and it is deemed that they have so testified; provided, however, that nothing herein contained shall be construed as denying the defendant the right to make any motion or defense to the Indictment.

STIPULATION (No. 3093)

IT IS HEREBY STIPULATED AND AGREED by and between the United States of America , Plaintiff, and Carl Tusan, Defendant in the above-entitled matter:

1. That the plaintiff and the defendant hereby waive a jury trial in the above-entitled case.

2. That if the witnesses on behalf of the Government were sworn and testified, that they would establish each and every allegation contained in Counts One and Two of the Indictment, and it is stipulated that they have so testified; provided, however, that the defendant reserves the right to introduce evidence for the purpose of establishing that in 1947 a loss was sustained, which loss defendant claims was sufficient, according to the provisions of the Internal Revenue Code, to offset the amount of taxes claimed by the plaintiff to be due and owing from the defendant and his wife for the year 1945; it is further stipulated, however, that with respect to said claimed loss for 1947, that the plaintiff, by entering into this stipulation, does not acknowledge such loss, and plaintiff reserves all its right to object to the admissibility of any evidence with respect thereto or to the legal effect thereof.

THE COURT: I think if there were a question of wilfulness, perhaps your evidence would be admissible; but it rather seems to me to admit the evidence on any other point than wilfulness would place the Internal Revenue law in such a position that people would be justified in waiting until they were caught or about to be caught, and then rushing in and paying their tax. Because they could go to any Collector of Internal Revenue office and pay it; and while their return is due at a certain point, it doesn't seem to me I would be justified, Mr. Judson, in sustaining your position.

I cannot find any authority in the cases, and it looks to me like, in view of the stipulation that at the time he filed his return there was a wilful attempt to defeat and evade his income tax, that the crime was then complete. I think it might have been different under some other circumstances. But here is a circumstance which he could not contemplate in 1945, and which no doubt in 1945, human nature being what it is, he hoped there would be no loss in the future which he would have to carry back, and again in 1946. Two years go by, and events occur over which he had no possible cotrol in 1945, but which resulted in a loss for that year of 1947, by which the law says he can carry it back to discharge, but I think it is just to discharge, his obligation.

So your proffer of evidence is denied, and the objection to it is sustained.

MR. JUDSON: I think that is all.

THE COURT: Does the government rest?

MR. LAVEN: The government rests.

MR. JUDSON: The defendant rests, your Honor.

THE COURT: I can do nothing else than find the defendant guilty on both counts in 3073 and 3093. Are you ready for sentence in this matter?

THE COURT: In the matter of imposition of any sentence in this case, I am not giving weight to the fact he may have contributed to the violation of law, violation of the price control act. In other words, this is an income tax case and an income tax only.

Are you ready for sentence?

MR. JUDSON: Yes, your Honor.

THE COURT: Have you any legal reason why sentence should not be pronounced at this time?

MR. JUDSON: No, your Honor.

THE COURT: It is the judgment and sentence of the court, in case 3073, that the defendant pay a fine of $1,000 on Count One and $1,000 on Count Two.

It is the judgment and sentence of the court that in case 3093--in this case, it rather seems to me he is going to have quite a lot of accounting to do.

I don't think this is a penitentiary case under any circumstances. Here is a man who has never been in any trouble, has lived in this community and raised a family, and who, in the tumult and turmoil during the war, perhaps found his acquisitiveness getting the better part of him, as a great many other people do. That certainly is not to be condoned or forgiven; but, at the same time, it is a factor which the court has to take into consideration in having an understanding of a man's motives.

I think that with the penalties that he will suffer by virtue of the automatic operation of the law, and with the humiliation that comes to a man of his age and circumstances and standing in the community by the institution of proceedings alone, and now by a finding of guilty, that I would not be justified in imposing more than a fine of $1,000 on Count One and $1,000 on Count Two, in 3093, and that is the judgment of the court.

MR. LAVEN: What about the court's order for payment? Stand committed until paid?

THE COURT: Stand committed until paid.

MR. JUDSON: Will your Honor stay the payment of this until tomorrow?

THE COURT: Stay of execution until 5:00 o'clock tomorrow afternoon.

THE DEFENDANT: Thank you, your Honor.

THE COURT: Is the defendant on bond?

MR. JUDSON: Yes, sir.

THE COURT: Upon payment of the fine, his bond will be exonerated.

What is his bond?

THE DEFENDANT: $2500.

THE COURT: Upon payment of his fine, the bond will be exonerated.

Do you wish the exhibits withdrawn?

MR. JUDSON: Yes, your Honor.

THE COURT: Or do you want them left here?

MR. JUDSON: I stipulate they may be withdrawn.

MR. LAVEN: That is satisfactory.

THE COURT: If you wish to appeal the case, they may be held here.

MR. JUDSON: No, sir.

THE COURT: Do you want to test the ruling before the Supreme Court?

MR. JUDSON: No, your Honor.

THE COURT: The stipulation that the exhibits may be withdrawn by the party producing them is approved, and the clerk will return them to the parties producing them.

The court is adjourned until 9:30 tomorrow morning.

 

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