BIRKENSTOCK v. C. I. R.

No. 80-1099.

646 F.2d 1185 (1981)

Joseph J. BIRKENSTOCK and Generose M. Birkenstock, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided March 16, 1981.


Attorney(s) appearing for the Case

Joseph W. Weigel, Milwaukee, Wis., for petitioners-appellants.

N. Jerold Cohen, Chief Counsel IRS, M. Carr Ferguson, Asst. Atty. Gen., Michael J. Roach, Atty., Tax Div., Dept. Justice, Washington, D.C., for respondent-appellee.

Before SWYGERT, CUMMINGS and BAUER, Circuit Judges.


PER CURIAM.

Petitioners-appellants, Joseph J. and Generose M. Birkenstock, appeal from the decision of the United States Tax Court rejecting their contention that they are lawfully entitled to reduce their gross income to its alleged gold value for purposes of reporting their taxable income and finding them liable for a deficiency in income tax of $8,220.60 for the taxable year 1974. We affirm.

I

The case was submitted to the Tax Court upon a Stipulation...

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