Wrong Attachment Kills Tax Court Jurisdiction
In order to determine whether Mr. Frausto maintains the capacity to represent the corporation under Rule 60(c), we must first apply the proper State law. The record, however, does not show in which State, if any, the corporation was organized. In fact, Mr. Frausto chose not to attend the hearing where he could have provided the relevant information. Thus, in the absence of any evidence to support our jurisdiction over the corporation, we hold that Mr. Frausto does not have the capacity under Rule 60(c) to litigate in this Court on behalf of the corporation.
Airplane Tax Deductions Do Not Fly For Urologist
There was an attempt to compare Dr. Steinberger’s situation to that of Peter Morton, co-founder of Hard Rock Cafe, who was allowed to treat his jet owning S corporation as part of a unified business. I covered the Court of Claims decision on that shortly before moving over to forbes.com. The Court’s response to the comparison must have stung a little seeming to imply that Dr. Steinberger was just not as cool as Peter Morton.
Follow Me
Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.
