George C. McGee v. Commissioner of Internal Revenue

LYNNE, District Judge:

The focus of this appeal is on the contentions of appellant, George C. McGee (McGee) that the Tax Court1 21 erred in its holding that the amounts received by him from Port Arthur Marine Engineering Works (PAMEW) in the years 1957 to 1963 were taxable income and that the Commissioner carried his burden of proving fraud under both sections *11236501(c), 26 U.S.C. 6501(c)2 and 6653(b), 26 U.S.C. 6653(b)3 of the Internal Revenue Code of 1954. We affirm.

In its opinion the Tax Court thoroughly canvassed the facts developed upon stipulated and testimonial evidence.4 They are…