Commissioner of Revenue v. Wells Yachts South, Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “The words of a statute must be construed in association with the general statutory plan”
• reasonable cause, in this context, means that taxpayer must show exercise of degree of care of ordinary taxpayer in same position
• “In providing for the abatement of penalties when a taxpayer’s tardiness was due to ‘reasonable cause and not due to willful neglect,’ § 33(f) sets an objective standard”

Source: CourtListener parenthetical corpus (CC0).