tag:blogger.com,1999:blog-1519969502186924526.post7090557965508888499..comments2023-10-24T08:00:53.865-05:00Comments on Federal Tax Crimes: Shumacher Article on Boulware (4/9/09)Jack Townsendhttp://www.blogger.com/profile/14469823736335455874noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1519969502186924526.post-19627642379050349532009-04-11T11:39:00.000-05:002009-04-11T11:39:00.000-05:00It's hard to argue the loan theory when no loa...It's hard to argue the loan theory when no loan documentation or interest provision - interest which would be income to the corporation thus increasing its E&P.<BR/><BR/>If I were the defense attorney, here, I would actively seek to introduce evidence of return of capital because the average jury would not be aware of this concept. All they hear from the gov't is that money leaves the corporation and therfore it must be a dividend or income of some sort.<BR/><BR/>JohnAnonymousnoreply@blogger.com