[DOWNLOAD] "Schira v. Commissioner of Internal Revenue" by United States Court Of Appeals Sixth Circuit ~ eBook PDF Kindle ePub Free

January 28, 2021

eBook details

Title: Schira v. Commissioner of Internal Revenue
Author : United States Court Of Appeals Sixth Circuit
Release Date : January 18, 1957
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 61 KB

Description

The unreported income consisted mainly of the receipt by petitioner Mathias Schira of a portion of the proceeds of sale of galvanized cans, buckets and other articles which Schira illegally took from the inventory of the Cincinnati Galvanizing Company, by which he was employed as a shipping clerk in charge of deliveries of the company. Truck loads of the articles were sent by Schira to one Bennett, not a purchaser, who turned them over to one Bell, who in turn sold them on the market. The proceeds were divided between Bell, Bennett and Schira. There were no corporate or individual records by which it could be shown what quantities of goods were so diverted and sold or what portion of the proceeds was later received by Schira. There was other evidence, however, including two written confessions by Schira, which was used by the Commissioner in making the deficiency assessments. The Tax Court affirmed the assessments. T.C.Memo 1956-35, Docket Nos. 50339, 50340, February 15, 1956, Par. 56035, P-H Memo T.C.