1. Home
  2. Browse Decisions
  3. T.C.
  4. 100 T.C.
  5. 100 T.C. 77 (1993)
 

POWELL v. COMMISSIONER

Docket No. 18679-90.

100 T.C. 77 (1993)

VIRGIL L. AND MIRIAM M. POWELL, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed February 2, 1993.

Attorney(s) appearing for the Case

Julian P. Kornfeld, for petitioners.

C. Glenn McLoughlin, for respondent.

JACOBS, Judge:

Respondent determined a deficiency of $786,599, and an addition to tax under section 6661 in the amount of $196,650, in petitioners' 1985 Federal income tax, based on the imposition of the golden parachute payments excise tax under section 4999. (Pursuant to section 4999(c)(2), the golden parachute payments excise tax is treated for tax assessment and collection purposes as an income tax.) Respondent now concedes the section 6661 addition to...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases