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"Q: Did you report any of the money you earned in '78
and '79
A: Which money are you discussing
Q: Illegal money for smuggling dope
A: Absolutely not.
Q: So you evaded you [sic] taxes in '78 and '79
A: Yes, I did.
Q: You also earned interest income in '78 and '79 from
the Bank of Nova Scotia
A: Yes.
Q: You didn't report that interest income either
A: No."
Petitioner does not challenge respondent's income reconstruction.
Accordingly, respondent's determinations are sustained.
In addition, petitioner stipulated that he did not report
interest income in the years at issue as follows:
Year Amount
1978 $90,891
1979 294,835
1980 403,607
1981 588,847
1982 401,337
1983 160,502
1985 271,383
1986 265,288
1987 214,074
1988 277,315
1989 354,072
Petitioner asserts that during 1990 through 1992, the time
his funds were held by the District Court for the Southern
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