European Stars And Stripes (Newspaper) - June 30, 1986, Darmstadt, Hesse Page 12 the stars and stripes monday june 30. 1986 races places irs demands actor scoff pay $59,000 from press dispatches actor George c. Scoll is Al War with the irs Over its claim that he owes More than 159,000 in taxes and penalties for improper deductions stemming from in investment in a Herd of Dairy cattle. Scott has denied any lawyer says the irs is seeking he Money despite findings of a internal Agency examination that undermine the Central Point in its Cas against the 55-Ycar-old actor. I feel thai the Way the irs has proceeded in this has been abusive said attorney Leslie m. Apple of Albany . Apple is representing Scott and probably 30 to 40 others throughout the country who arc battling the irs in connection with similar cattle invest ments. Irs officials handling the cases declined comment. Details of the Scott Case Are contained in paper filed with . Tax court in Washington. They show that the irs is seeking nearly j 50,000 in taxes and More than $9,000 in penalties for 1980 and 1981. Court documents indicate that in Early april inc irs sent Scott a notice of deficiency assessing the penalties on grounds that his tax underpayments resulted from negligence or intentional disregard of Federal regulations. The notice also charges that Scott in claiming business losses in connection with his cattle invest ment valued the Herd at 1100,000 when it was realty Worth Only $17,850. As a consequence the irs assessed a penalty of 16,690 attributable to Over slated valuation of the Case stems from an investment by Scott and his wife Irish in a Herd of purebred registered Holstein frisian Dairy Caule sold by dream Street Holst coins inc., an internationally known Herd management company based in Walton . Court documents do not reveal the amount of the investment. Apple said Scott merely invested in the Herd but that it is managed by dreams ret. In inc fall of i984, according to Apple the irs concluded a lengthy examination of dream Surcel sales of herds to investors and determined that the firm was operating a so called abusive lax shelter by Selling Over valued Callic to investors. Apple said the Agency to non sent letters to those who had invested in Drca Streel cattle warning them that they May have claimed deductions or tax credits on their tax returns which were based on inflated values and should therefore Amend their returns or face possible action by the irs. But Apple who at the Lime was representing Sec. F a wham fans Jam Wembley font of the Pep Muile Start wham fill Wembley stadium la Wembley England saturday for the duo s Farewell concert. About 75, font showed up to a a Georga Michael and Andrew Ridgeley in their final appearance after Foury Aon of performing together. Dream strict said he was Able to convince irs officials that they had t done their Homework and that the cattle were in fact properly valued. The irs soon reversed its position he said and quite embarrassingly in my opinion sent out let ters retracting those original letters they had sent he said Lac did nol know if Scott was Amon those who received letters. Playing Possum for Charity the Arcadia la., Possum festival s Bull Possum auction brought in several Hundred dollars for Char ily saturday even though one of inc bulls had a litter clinging to her Back. The mix up did t create Loo much fuss at the festival which prides itself on being the most disorganized festival in the world said festival spokes Man Tommy Edmonds. There were some questions about the wildlife and fisheries biologists who caught those possums he said. The marsupials were auctioned off for prices rang ing from $33 to s12s each then returned to the biologists to be released in the Woods where the were caught. A free breakfast was served and entertainment included a Hospital bed race and a dominoes tournament said Rodney Cook festival organizer said. Most of the Money goes to is. Jude children s re search Hospital in Memphis Tenn. Edmonds said. Tong Way to go for Melon when Cross country trucker Jimmy drum of Memphis term decided in 1982 thai he wanted to visit Alaska he advertised in newspapers there for anyone interested in a Watermelon festival. I just came up with the crazy idea that i wanted to go to Alaska with some watermelons and have a Watermelon festival he said. Residents of one Small Community went for the idea in 1982, and drum expects to arrive in another Community this week on his fourth summer trip to Alaska with a Load of 2,500 pounds of Watermelon and 500 cars of Sweet com. They Don t get Sweet Corn up there much he said. It makes for a Nice the shipment of picnic goodies from the lower 4s actually from California will be passed out at a Community festival Pul on by Hyder a town of is people on the state s Southeastern tip and nearby Lenart British Columbia population 1,200. They have a four Day Celebration drum said. They Start out with Canada Day. Thai s just like our fourth of july and they celebrate through our on his first trip North drum 50, bought the melons in Arkansas and drove them up himself. Now he coordinates the trucking and makes most of his trip by commercial Airliner paying his own expenses but expecting a partial reimbursement from festival organizers. Start your Day right stars and stripes is delivered to mailboxes in Moat government housing areas Lor just $4.50 per month. Keep up with news and sports. Enjoy your favorite comics and columns. Profit from travel tips and consumer advice. If you live in government housing you can have All this in your Mailbox every morning. It s a convenience that won t Cost you a Penny extra. Complete this form arid drop ii on at your is i stars and stripes Bookstore or mall to Sun wed strip Apo 0211 attn Sato promotion a
