Harm De Boer - Page 28

                                       - 28 -                                         

          an indication of respondent’s agreement that he continued to be             
          engaged in a trade or business, see Matthews v. Commissioner, 92            
          T.C. 351, 363 (1989) affd. 907 F.2d 1173 (D.C. Cir. 1990), even             
          though the letter does not require the conclusion that he was so            
          engaged.  See infra note 12, appendix.                                      
               Accordingly, we decline to sustain the imposition of any               
          penalty under section 6662(a), (b), and (c).                                
               To reflect the foregoing,                                              



                                                  Decision will be                    
                                             entered under Rule 155.                  

Page:  Previous  13  14  15  16  17  18  19  20  21  22  23  24  25  26  27  28  29  30  31  32  Next