García Díaz v. Secretary of the Treasury

91 P.R. 397
CourtSupreme Court of Puerto Rico
DecidedNovember 17, 1964
DocketNo. R-63-228
StatusPublished

This text of 91 P.R. 397 (García Díaz v. Secretary of the Treasury) is published on Counsel Stack Legal Research, covering Supreme Court of Puerto Rico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
García Díaz v. Secretary of the Treasury, 91 P.R. 397 (prsupreme 1964).

Opinion

Mr. Justice Pérez Pimentel

delivered the opinion of the Court.

Enrique García Diaz held, under a lease agreement, two farms located in the district of Turabo of Caguas, Puerto Rico. By public instrument No. 213 of June 2, 1955, executed and notarized by Luis Morales Contreras, Mr. García Diaz, for a total price of $16,000 sold to Vicente Santos Ramos certain buildings, a water pump and approximately 32 cuer-das of sugarcane stalks on the farms, and rescinded his lease agreement.

In his income tax return for 1955, Mr. García Diaz determined his profit from the sale as follows:

‘Sales price $16,000.00

Less: Cost

1. Buildings $1,900

2. Water pump 231

3. Sugarcane stalks 2,131.20

Profits $13,868.80

25% Capital Gain 3,467.20,

[399]*399This profit includes the price for (a) the sugarcane stalks, and (b) compensation for the rescission of the lease agreement.

The Secretary of the Treasury notified the taxpayer of a deficiency in his income tax for 1955, denying the capital gain treatment with regard to the sale and ruling that all of the $13,868.80 "profit” was ordinary income of the taxpayer.

After the Secretary’s final determination the taxpayer filed an appeal with the Superior Court, San Juan Part. During the trial the taxpayer offered to furnish evidence concerning that part of the sales price corresponding to the sugarcane stalks and that part corresponding to the rescission of the lease agreement. The court denied admission of the evidence on the ground that it would tend to change the terms of a written agreement. Subsequently, the court rendered an amended judgment deciding, as far as is pertinent here, the following:

“From the $16,000 sale price the taxpayer declared as a profit the sum of $13,868 after deducting $2,131, which represents the cost of the building ($1,900) and the cost of the water pump ($231).
“Should the tax be levied on all of the $13,868 profit, or on only 25% of the $13,868 as capital gains?
“Until 1954 the taxpayer claimed the total cost of the stalks.
“Included in the $13,868 profit is the price or consideration given in the sale for the rescission of the lease agreement and for the option of a five-year extension. In his return the taxpayer showed the $13,868 sum as profit from the sale of capital assets (equipment, stalks, etc.) held for a long term. Therefore, profits cannot be exclusively determined with regard to the sugarcane stalks when the sales price includes the sugarcane plantation, a ranch, a water pump, a frame house, a stable and the rescission of the lease agreement.
“Therefore, the value of the 'plantations and the value to be granted to the rescission of the lease agreement shall be determined in view of the profits, if any, that the taxpayer [400]*400derived from the farm, and his investment in the plantation, for the preceding years. The profits attributed to the rescission shall be considered capital gains, and the profits attributed to the plantation shall be considered ordinary income. [Italics ours.]
“Once this determination is made, the tax to be paid by the taxpayer can be determined.”

The judgment was rendered on May 16, 1963. On June 4 or 5 of that year the Secretary of the Treasury notified the taxpayer that, according to the terms of the order issued by the Superior Court, he had determined the taxpayer’s net income and computed the tax to be paid. On the 7th of the same month, the Secretary of the Treasury submitted the tax computations for the approval of the Superior Court. The taxpayer objected to the computations. He contended that the Secretary, without giving the taxpayer an opportunity to be heard regarding the valuation, made an ex parte determination of the value of the sugarcane stalks and the rescission of the lease agreement. As a consequence, the taxpayer requested a hearing to be held to receive evidence on such matters so a judicial determination on the value of the sugarcane stalks and the rescission of the lease agreement could be made.

The Court held a hearing to approve the aforementioned computations, but did not allow the introduction of evidence for the reasons stated in an order which, in part, provides:

“In view of the judgment rendered and in order to administer justice an opportunity was given to the parties to determine the value of the rescission of the lease. The appellee, in accordance with the judgment, gave an $8,753.86 value to the rescission of the contract. The taxpayer did not try administratively to furnish data or evidence to the Secretary in order for the appellee to make his determination regarding this matter.
[401]*401“What he intends to do at this stage of the proceedings shall not be done. The hearing regarding the computation shall be limited to a mathematical controversy. Reyes v. Secretary of the Treasury, judgment rendered March 9, 1962, Case 12886 and 12564.

“The tax computations are approved.”

The taxpayer contends that the Court erred in deciding that the amount realized in the sale of the sugarcane stalks shall be considered as ordinary income of the taxpayer instead of as income from the sale of a capital asset.

We think that this contention was decided against the taxpayer in Reyes v. Secretary of the Treasury, 84 P.R.R. 574 (1962), when we stated in footnote 6:

“In Puerto Rico, under the legislation of 1924 as well as that of 1954, the benefit obtained in the disposal of pending crops is considered as ordinary income. Articles 76, 110 and 121 of the Regulations of 1924 (English ed.), pp. 53, 73 and 79. The same solution prevailed in federal jurisdiction until the enactment in 1951 of an amendment to § 117(j)(1) of the Internal Revenue Act of 1939, Watson v. Commissioner, 345 U.S. 544 (1953), 197 F.2d 56 (C.A. 9, 1952); cf. McCoy v. Commissioner, 192 F.2d 486 (C.A. 10, 1951), by which the benefit of declaring the gains obtained as if it were a disposition of capital assets, was granted, under certain conditions, in cases of pending crops. See Dakin, The Capital Gains Treasure Chest: Rational Extension or Expedient Distortion, 14 La. L. Rev. 505 (1959) ; Farmers and The Federal Income Tax, 19 U. Chi. L. Rev. 522, 532-33 (1952); Ordinary Income or Capital Gain in the Sale of an Orange Grove, 4 Miami L. Q. 145 (1950). Upon adopting locally in 1954 the provisions of the Federal Act of 1939, those sections were omitted which permit a special relief to certain types of taxpayers — sales of forests, cattle, and pending crops. See § 117 (g) of the Income Tax Act of 1954, 13 L.P.R.A. § 3117, and § 117(j)-1 of the Regulations, 13 R.&R.P.R. § 3117-1. In general, see 3B Mertens, Law of Federal Income Taxation (rev. Zimmet and Weiss), §§ 22.123, 22.131 and vol. 3A, §§ 21.255 and 21.256.

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Related

Watson v. Commissioner
345 U.S. 544 (Supreme Court, 1953)
McCoy v. Commissioner of Internal Revenue
192 F.2d 486 (Tenth Circuit, 1951)
Watson v. Commissioner of Internal Revenue
197 F.2d 56 (Ninth Circuit, 1952)
Bidart Bros., a Corporation v. United States
262 F.2d 607 (Ninth Circuit, 1959)
Bidart Bros. v. United States
359 U.S. 1003 (Supreme Court, 1959)

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91 P.R. 397, Counsel Stack Legal Research, https://law.counselstack.com/opinion/garcia-diaz-v-secretary-of-the-treasury-prsupreme-1964.