Horst v. Department of Revenue

This is an appeal under the formal procedure pursuant to G.L. Ter. Ed., c, 62C, sec. 39 from the refusal of the appellee to abate income taxes assessed under G.L. Ter. Ed., c. 62, secs. 5A and 63 for the years 1975, 1976, 1977 and 1978.

These findings of fact and report are made at the request of the appellant under G.L. c. 58A, sec. 13, as amended, and Rule 32 of the Rules of Practice and Procedure of the Appellate Tax Board.

FINDINGS OF FACT AND REPORT

The appellant, a Florida resident, sold his land in Chatham, Massachusetts December 18, 1974 for $700,000, the payment of which took the form…