[Download] "United States v. Intercontinental Industries Inc." by Sixth Circuit. United States Court Of Appeals * Book PDF Kindle ePub Free
eBook details
- Title: United States v. Intercontinental Industries Inc.
- Author : Sixth Circuit. United States Court Of Appeals
- Release Date : January 29, 1980
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 71 KB
Description
This case presents cross appeals by the government and a taxpayer from a decision in the district court for the Eastern District of Michigan. The court, the Honorable John Feikens, sitting without a jury, found taxpayer Intercontinental Industries, Inc. (INI) liable for $62,598.95 in unpaid withholding taxes under 26 U.S.C. § 3505(b) (1976). The court refused, however, to impose approximately $30,000 in additional liability for prejudgment interest. The taxpayer has appealed from the decision imposing liability for unpaid taxes, and the government has appealed from the decision denying prejudgment interest. The district courts opinion on the question of INIs underlying liability is published at 499 F. Supp. 1133. The courts opinion on the question of liability for prejudgment interest is reported at 449 F. Supp. 520.