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Famous Tax Quote #6 - Presumption of Correctness

2009-07-30

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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.

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