Crystal R. Vettel

CourtUnited States Tax Court
DecidedOctober 22, 2025
Docket18229-22
StatusUnpublished

This text of Crystal R. Vettel (Crystal R. Vettel) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Crystal R. Vettel, (tax 2025).

Opinion

United States Tax Court

T.C. Memo. 2025-110

CRYSTAL R. VETTEL, Petitioner

v.

COMMISSIONER OF INTERNAL REVENUE, Respondent

__________

Docket No. 18229-22. Filed October 22, 2025.

John A. McWilliams and Ryan P. Watson, for petitioner.

Britton G. Wilson, for respondent.

MEMORANDUM FINDINGS OF FACT AND OPINION

PARIS, Judge: Petitioner seeks review pursuant to section 6015(e)(1) 1 of respondent’s determination with respect to her request for relief from joint and several liability (innocent spouse relief) under section 6015(b), (c), or (f) for 2006, 2007, 2008, 2009, 2010, and 2014 (years at issue) with respect to joint federal income tax returns that she filed with her spouse. The issues for decision are (1) whether petitioner’s claim is barred by res judicata and (2) if not, whether petitioner is entitled to innocent spouse relief pursuant to section 6015(b), (c), or (f) for the understatements of tax for the years at issue. Because the Court answers the first issue in the affirmative, we do not address the second issue.

1 Unless otherwise indicated, statutory references are to the Internal Revenue

Code, Title 26 U.S.C., in effect at all relevant times, regulation references are to the Code of Federal Regulations, Title 26 (Treas. Reg.), in effect at all relevant times, and Rule references are to the Tax Court Rules of Practice and Procedure.

Served 10/22/25 2

[*2] FINDINGS OF FACT

I. Background

Petitioner resided in Nebraska when she filed the Petition. She and her husband, David Vettel, married in 1978 and remained married when this case was tried.

Petitioner graduated from high school in 1977 and did not attend college. She was primarily employed at banks as a teller or running the proof machine. Following the birth of her first child in 1982, petitioner left her employment, returning part time once her children were school aged. Petitioner worked part time at a bank in Illinois from 1993 until approximately 1999, at which time she transitioned back to full-time employment. Beginning in approximately 2010, petitioner worked as a receptionist at a dermatologist’s office.

II. Mr. Vettel’s Business Activities

A. Grain Systems, Inc.

Mr. Vettel spent his career in the agricultural field, initially working in product design and application but later moving to sales and business development. He worked his way up from an entry level position to regional domestic management before moving into international sales. In 1993 he began working for the international division of Grain Systems, Inc. (GSI), where he served as vice president of international activity for the company’s grain division. He was eventually promoted to president of the international division and later acquired an ownership interest in GSI.

Mr. Vettel’s work focused on the sale of equipment for the movement and storage of grain. His work required frequent international travel, primarily to meet with clients or potential clients, pursue new business opportunities, or to attend trade shows. By the late 1990s significant business opportunities emerged in Eastern Europe, including Russia, Ukraine, Hungary, Bulgaria, and Romania, and Mr. Vettel began traveling to those countries frequently.

Mr. Vettel’s ownership interest in GSI yielded a significant return when GSI was acquired by another company in 2004 or 2005. Pursuant to the terms of the sale, Mr. Vettel was permitted to reinvest $250,000 of the proceeds of the sale into the newly formed company, which he did. When the company changed hands again in 2007, Mr. Vettel received 3

[*3] proceeds of approximately $5 million. The Vettels reported these amounts on their tax returns for the respective years.

B. International Business Ventures

At some point around 2000, Mr. Vettel and Sam Moualla, another GSI employee, went into business together on a GSI dealership in Ukraine. They established Grain Systems of Ukraine (GSU), which focused on the sale of large-scale equipment, such as grain elevators, and another entity, Farm Agro, which dealt with smaller sales, such as farm dryers. Mr. Vettel did not contribute any startup capital for GSU.

GSU was a success and generated substantial income for Mr. Vettel and Mr. Moualla in the ensuing years. Petitioner did not know the specifics of Mr. Vettel’s work with GSU, and Mr. Vettel generally did not discuss his work with her. Mr. Vettel did not report the income from GSU on the joint tax returns he filed with petitioner for the years at issue.

C. Mr. Vettel’s Foreign Bank Account

Mr. Vettel’s proceeds from GSU were not brought into the United States but instead were deposited into a foreign bank account at Banca della Svizzera Italiana (BSI SA), a bank in Switzerland. With the assistance of representatives from BSI SA, Mr. Vettel created a nominee entity, Wanstead International, LTD, based in Belize, to hold title to the BSI SA account. Mr. Vettel had no connection with Belize, but he did not question why a Belize company would need to be involved with his BSI SA account. Nor did he disclose the existence of the BSI SA account or of Wanstead International to petitioner.

Mr. Vettel allowed BSI SA to invest the funds deposited in his account. The Vettels did not report the income from these investments on their tax returns for the years at issue. The income generated from these investments remained in the BSI SA account until Mr. Vettel closed the account in 2011, transferring the funds, approximately $1.1 million, first to a Cypriot corporation called SBA Grain, then ultimately to a Turkish corporation called Grain Systems Management. Mr. Vettel testified that he and Mr. Moualla intended to pursue business opportunities in Turkey and Chad, but the projects never materialized. Mr. Moualla eventually bought out Mr. Vettel’s interest for $454,000. 4

[*4] III. Tax Returns and Prior Deficiency Case

A. Tax Returns

The Vettels filed a joint federal income tax return for each of the years at issue. On their timely filed returns, they reported the following:

Year Adjusted Gross Income Total Tax 2006 $110,231 $9,357 2007 3,858,920 1,141,123 2008 254,399 49,176 2009 199,628 35,647 2010 248,881 26,601 2014 93,555 9,461

The Vettels did not report income from BSI SA or gross receipts from GSU on any of the originally filed returns for the years at issue. On Schedule B, Interest and Ordinary Dividends, attached to each of their tax returns for tax years 2006, 2007, 2008, 2009, and 2010, the Vettels checked “No” in response to whether, during the taxable year, they had “an interest in or a signature or other authority over a financial account in a foreign country, such as a bank account, securities account, or other financial account.”

B. Offshore Voluntary Disclosure Program

As referenced above, the Vettels’ income tax returns failed to report Mr. Vettel’s income from the BSI SA account received for 2006, 2007, 2008, 2009, and 2010, and gross receipts from GSU for 2006, 2007, 2008, 2010, and 2014. In April 2014 Mr. Vettel received a letter from BSI SA advising him that it had entered into the so-called Swiss Bank Program 2 and providing Mr. Vettel the option of receiving information about the Internal Revenue Service (IRS) Offshore Voluntary Disclosure Program (OVDP).

2 On August 29, 2013, the U.S. Department of Justice and the Swiss Federal

Department of Finance issued a joint statement announcing the “Swiss Bank Program” for Swiss banks to resolve any culpability or liability related to their cross-border business. On December 24, 2013, BSI SA submitted a Letter of Intent to enter the Swiss Bank Program.

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