(previous)
In the case of Commissioner of Internal Revenue v. Brouillard,
the court stated that the fact a group of persons associate
themselves together for profit does not necessarily
mean they must be taxed as a corporation, because Congress
could have easily so provided, and doubtless would have
done so, in simple and unmistakable language. We note
the court's conclusion that such `associations' of persons
engaged for profit shouldn't necessarily end in corporate
taxation:
"The fact that Congress failed to do so in repeated
enactments extending over many years indicates strongly
the absence of such legislative intent."
The court's conclusion is persuasive. Just as authoritatively
and conclusively, however, we now recognize that:
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The fact that Congress has failed to include
the UBO in the mainstream of the tax code is indicative
of legislative intent to follow the tax regime established
over 80 years ago!
Is your curiosity piqued? If not, it could only be that
you are homeless and destitute. Don't let this one slip
by.
"To stop terrorism
and organized crime, the American people must give up
some of their personal freedom and privacy."
-Janet 'For the Kids' Reno
"Necessity
is the plea for every infringement of Human Freedom.
It is the argument of tyrants; it is the creed of the
slaves."
-John
W. Campbell, Jr.
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TAXES
DEPT.
