Précis: This is a report of a motion to reconsider the Tax Court’s decision not to award costs on the earlier trial, which was blogged on this site. Mr. Pirart was assessed unreported income in the amounts of $1,050,000 for 2005, $1,200,000 for 2006, $1,350,000 for 2007, and $1,500,000 for 2008, mostly from an alleged cocaine business; in addition he was assessed for gross negligence penalties on the unreported income. The Tax Court accepted his evidence that the cocaine was the property of his former partner, Wendy Anderson (since deceased), and allowed the appeal with respect to that income.
Pirart v. R. - TCC: Mixed success on unreported income from drug sales - no order of costsPlus >