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Paulucci battles IRS over money from crust sale.

Authors :
Moskal, Jerry
Source :
Orlando Business Journal; 03/24/2000, Vol. 16 Issue 44, p3, 2p, 1 Black and White Photograph
Publication Year :
2000

Abstract

Reports on the petition filed by Jeno's Inc. Chung King Corp. and Jeno Paulucci in United States Tax Court over whether 1986 taxes are dues on long-term capital gains or royalties. Taxation of royalties as straight income rather than the much lower than long-term capital gains rate; Ruling by the Internal Revenue Service that Paulucci earned $12.3 million in taxable royalties on the sale of a patent.

Details

Language :
English
ISSN :
87508656
Volume :
16
Issue :
44
Database :
Supplemental Index
Journal :
Orlando Business Journal
Publication Type :
Periodical
Accession number :
2964583