Halle v. Commissioner of Internal Revenue

DOBIE, Circuit Judge.

This is an appeal from a decision of the Tax Court of the United States which determined deficiencies in individual income taxes of Louis Halle, deceased, for the taxable years 1929-1938, inclusive, in the amount of $184,943.96 and imposed as additions thereto 50% penalties for fraud in the amount of $92,482.10, plus interest on both these .sums.

The following table shows these deficiencies and penalties, as broken down by the Tax Court,, for the ten years in question :

Year Deficiency 50% Penalty

1929 $ 8,758.44 $ 4,379.22

1930 32,848.13 16,424.07

1931 39,526.86 19,763.43

1932…