Martin and Barbara Schachter - Page 1
















                                   113 T.C. No. 14                                    


                               UNITED STATES TAX COURT                                


                    MARTIN AND BARBARA SCHACHTER, Petitioners v.                      
                    COMMISSIONER OF INTERNAL REVENUE, Respondent*                     


               Docket No. 2939-96.           Filed September 14, 1999.                

                    Held:  No credit is allowed against civil                         
                    fraud additions to tax for a criminal fine                        
                    imposed under sec. 7201, I.R.C., and 18                           
                    U.S.C. secs. 371, 3622, and 3623 (Supp. II,                       
                    1984).                                                            

               Martin A. Schainbaum and David B. Porter, for petitioners.             
               Paul J. Krug, for respondent.                                          








          *    This Opinion supplements our Memorandum Opinion in Schachter           
          v. Commissioner, T.C. Memo. 1998-260.                                       




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