- 14 - As to the claimed cash purchases of fuel, petitioner has no receipts to support his expenditures. Petitioner attempts to fill this evidentiary void by the following methodology: First, petitioner uses his flight logbooks for each of the subject years to obtain the total hours that he alleges were flown in each of his aircraft. Next, petitioner postulates the number of gallons each aircraft consumed per hour of flight to estimate the total number of gallons of fuel each of his aircraft consumed each year, based on the hours he claims the aircraft were flown. Then, to arrive at his total fuel expenses for each year, petitioner postulates the average cost of a gallon of aviation fuel for the years in question and multiplies that figure by the number of gallons he estimates each aircraft to have consumed. Finally, petitioner subtracts from the total fuel expenses for each year the amount of fuel expenditures he has documentation for and arrives at the amount he says he must have purchased with cash in each year. We find petitioner’s methodology deficient in practically every respect. In particular, petitioner has failed to corroborate his self-serving testimony with any competent proof as to the fuel efficiency of his aircraft or the cost of aviation fuel during the relevant time periods. Indeed, petitioner’s testimony leaves us unpersuaded that he actually incurred the cash expenditures.Page: Previous 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Next
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