- 18 - petitioner's behalf. Leroy Campfield also purchased a planter, but petitioner denies ownership of the planter. The combine, harrow, and planter were each purchased from the same dealer. The invoices associated with the purchase of the combine and harrow show Campfield farm as the purchaser. The invoice associated with the planter shows Campfield farm as the purchaser. Leroy Campfield was acting on petitioner's behalf at Campfield farm, and it seems highly unlikely that he would buy a planter for something other than farm purposes, particularly when the planter fits logically into the farm activities. We find that petitioner owned the planter. Purchase of Casino Chips Respondent determined that petitioner purchased casino chips on May 19, 1985, in the amount of $13,100, and on November 29, 1986, in the amount of $10,700. Respondent considered these amounts nondeductible personal expenses. Tropworld filed at least two CTR's that relate to petitioner. The first CTR indicates that petitioner purchased $13,100 of casino chips on May 19, 1985. The second CTR indicates that petitioner purchased $10,700 of casino chips on November 29, 1986. The List Account maintained by Tropworld shows that on May 19, 1985, petitioner purchased casino chips in the amounts of $9,000, $2,000, $500, and $1,600, which corresponds with the $13,100 shown on the CTR for that date. ThePage: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Next
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