- -4
within the United States.3 The stones are then transported to
petitioner's Dunwoody store and held for sale.4 Petitioner also
accepts customer orders for desired stones and seeks them out.
In 1991, petitioner had 10 employees in addition to Mr. and Mrs.
Haviv: 3 salespersons, 1 jewelry repairman, 4 office staff, and
2 employees in the newly opened Oklahoma City store. In 1992,
petitioner employed an additional salesperson in its newly opened
Augusta, Georgia, store. Petitioner's employees received salary
and commissions, but only Mr. and Mrs. Haviv received bonuses.
Employees were compensated the following amounts for 1991:
Name of Total
Employee Comp. Salary Comm./Bonus Position
Haim Haviv $601,077 $39,077 $562,000
Amy Haviv 21,885 20,885 1,000
Robert Wade 30,500 25,150 5,350 Atlanta Sales
R. Lingerfelt 17,645 17,501 144 Oklahoma Sales
T.S. New 24,384 24,046 338 Jewelry Repairs
Beth Leamon 37,305 21,200 16,105 Atlanta Sales
M. Stevens 3,691 3,641 50 Part Time
Ann Hardy 22,240 22,135 105 Office Staff
Venita Smith 19,997 19,960 37 Bookkeeper
Bill Frank 71,409 55,923 15,486 Atlanta Sales
Matt Kaye 8,110 8,077 33 Oklahoma Sales
J.M. McKnight 9,651 9,623 28 Office Staff
Total 867,894 267,218 600,676
In 1992, petitioner's employees were compensated the following
amounts:
3 A side holder is an individual who obtains diamonds
directly from the owner of a diamond mine.
4 Petitioner opened stores in Oklahoma City, Oklahoma, in
1991 and Augusta, Georgia, in 1992.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011