In the Context of Civil Tax Fraud, the Burden of Proof

question 73

True/False

In the context of civil tax fraud, the burden of proof is on the IRS to show by a "preponderance of the evidence" that the taxpayer had a specific intent to evade a tax.

---

Definitions:

Market Participants

Individuals and entities that engage in the buying, selling, and exchange of goods, services, and securities within an economic system.

Price Received

The actual amount of money that a seller gets from a buyer for a good or service, after discounts or adjustments.

Market Participants

Individuals or institutions that are involved in buying, selling, and trading in financial markets, including buyers, sellers, investors, speculators, and market makers.

Price Received

The actual amount of money received by a producer or seller from a buyer for a unit of goods or services, after discounts, taxes, and any other adjustments.