(Download) "United States Et Al. v. Powell Et Al." by Supreme Court of the United States * eBook PDF Kindle ePub Free
eBook details
- Title: United States Et Al. v. Powell Et Al.
- Author : Supreme Court of the United States
- Release Date : January 23, 1964
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
In March 1963, the Internal Revenue Service, pursuant to powers afforded the Commissioner by ? 7602 (2) of the Internal Revenue Code of 1954, summoned respondent Powell to appear before Special Agent Tiberino to give testimony and produce records relating to the 1958 and 1959 returns of the William Penn Laundry (the taxpayer), of which Powell was president. Powell appeared before the agent but refused to produce the records. Because the taxpayers returns had been once previously examined, and because the three-year statute of limitations barred assessment of additional deficiencies for those years except in cases of fraud (the asserted basis for this summons), Powell contended that before he could be forced to produce the records the Service had to indicate some grounds for its belief that a fraud had been committed. The agent declined to give any such indication and the meeting terminated.