 | United States. Internal Revenue Service - 1978 - 636 lapas
...provisions [section 162 (f)] dealing with fines and similar penalties in 1969, it was the intention of the committee to disallow deductions for payments of sanctions...Code in the form of assessable penalties (subchapter В of chapter 68) as well as to additions to tax under the internal revenue laws (subchapter A of chapter... | |
 | United States. Tax Court - 1983 - 1248 lapas
...approving the provisions dealing with fines and similar penalties in 1969, it was the intention of the committee to disallow deductions for payments of sanctions...which in general terms serve the same purpose as a Tine exacted under a criminal statute. The provision was intended to apply, for example, to penalties... | |
 | United States. Tax Court - 1980 - 892 lapas
...enactment, to limit the application of section 162(f) to criminal "penalties" and stated that its intent was to "disallow deductions for payments of sanctions...terms serve the same purpose as a fine exacted under a recoverable in a civil action by the state * * * for the less serious offenses not mala in ae"; whereas... | |
 | United States. Tax Court - 1983 - 1250 lapas
...then goes on to state that it was the intention of the committee in enacting section 162(f) in 1969 "to disallow deductions for payments of sanctions...purpose as a fine exacted under a criminal statute." S. Kept. 92-437, supra at 73, 1972-1 CB at 600. This, it seems to us, provides the touchstone for determining... | |
 | United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight - 1989 - 658 lapas
...approving the provisions dealing with fines and similar penalties in 1%Q, it was the intention of the committee to disallow deductions for payments of sanctions...Code in the form of assessable penalties (subchapter 8 of chapter Aft) as well as to additions to tax under the internal revenue laws (subchapter A of chapter... | |
 | United States. Tax Court - 1995 - 512 lapas
...Pub. L. 92-178, 85 Stat. 497, states that the committee intended section 162(f) to apply to penalties "which are imposed under civil statutes but which...purpose as a fine exacted under a criminal statute". S. Rept. 92-437, at 73-74 (1971), 1972-1 CB 559, 600; see True v. United States, supra at 1204 n.15;... | |
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... penalties" or also to civil penalties as well. In approving the provisions dealing with fines and similar penalties in 1969, it was the intention of the committee to disallow deductions for payments of sanctions which are imposed under civil statutes... 