2009-07-30
Continuing our series on Famous Tax Quotes, today's Famous Tax Quote is:
[The Commissioner's] ruling has the support of a presumption of correctness, and the [taxpayer] has the burden of proving it to be wrong.
Welch v. Helvering, 290 U.S. 111 (1935).
Andrew Mitchel is an international tax attorney who advises businesses and individuals with cross-border activities.
DISCLAIMER
The posts on this blog have not been verified for accuracy. You should consult an attorney for legal advice regarding your own situation. These posts are not updated for changes in the tax laws. Further, these posts should not be relied upon for any purpose whatsoever.
65 Main Street, Centerbrook, Connecticut, 06409 USA | Ph: (860) 767-4975 | Fax: (860) 756-0954
Copyright © 2004 – 2024, Andrew Mitchel LLC. All rights reserved.