- 5 -
penalty of $25,000 upon him under section 6673(a)(1) for
instituting the case for purposes of delay and for making
frivolous arguments.2 Mr. Davis did not appeal the order and
decision. Respondent timely assessed the 1997 and 1998
deficiencies and other amounts on August 1, 2001 (Ms. Davis, for
2 In support of our order and decision, we relied on the
following deemed admissions (paragraph numbers and ellipses
omitted):
Petitioner Jeffrey W. Davis created a series of
sham trusts designed to assist him in evading the
payment of his Federal income and employment taxes.
Petitioner Jeffrey W. Davis created the JLD Asset
Management Trust to avoid paying his Federal taxes.
The JLD Asset Management Trust is a sham trust.
The Davis Charitable Trust is a sham trust.
The petitioner Jeffrey W. Davis instituted this
case to delay the assessment of his individual income
taxes for the taxable years 1997 and 1998.
The petitioner Jeffrey W. Davis instituted this
case to use the Tax Court as a forum to present
frivolous constitutional and procedural arguments
against the United States’ Federal income tax system.
The petitioner Jeffrey W. Davis fired his
attorney, Scott W. Gross, after Mr. Gross refused to
file frivolous motions in connection with this case.
The petitioner Jeffrey W. Davis intentionally,
recklessly and negligently disregarded the Federal tax
laws in the preparation of his 1997 and 1998 Federal
income tax returns.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: November 10, 2007