Martin and Barbara Schachter v. Commissioner

113 T.C. No. 14

UNITED STATES TAX COURT MARTIN AND BARBARA SCHACHTER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent* Docket No. 2939-96. Filed September 14, 1999. Held: No credit is allowed against civil fraud additions to tax for a criminal fine imposed under sec. 7201, I.R.C., and 18 U.S.C. secs. 371, 3622, and 3623 (Supp. II, 1984). Martin A. Schainbaum and David B. Porter, for petitioners. Paul J. Krug, for respondent. * This Opinion supplements our Memorandum Opinion in Schachter v. Commissioner,

T.C. Memo. 1998-260. - 2 - SUPPLEMENTAL OPINION SWIFT, Judge: This matter is…