| OCR Text |
Show Serials Order D partmont .University of Utah : 0 .HklA 84112 City til I 'Pi- N. V BusimeSS rip Deductions ABA Publishes Two New 'Stylish' Legal Magazines CHICAGO qa Mma - The American is two W.BwlJW Bar new Association publishing magazines that represent a radical stylistic departure from traditional legal publications. Breaking away from the usual black and white format, the new tion that "seeks to all the -IWASHINGTON (ACCN) premises of accepted legal education and to look critically at all the unextax and revenue nternal agents amined premises." auditors have again been instructed "Barrister" is a "journal to scrutinize deductions for of ideas and opinions covering a spectrum of the most compelling ideas business trips, coventions and publications "Learning and the and problems a young attorney has to cruises which appear to be Law" and "Barrister" vacations in disguise, the Internal are printed face" according to its editorial board r in and feature liberal use of chairman, Daniel T. Rabbitt, St. Louis. Revenue Service reports. There is no advertising in either of photos. They join a growing family The IRS said a number of of new magazines being the first issues, but the ABA is considprofessional, business, or trade produced by the ABA Press in ering the possibility of accepting ads organizations and associations in future editions. Chicago. have been sponsoring cruises, trips Both magazines are offered to the "Learning and the Law" is a and conventions during which only quarterly publica- public at a subscription rate of $5 per a small portion of the time is year for "Learning and the Law" and Fuel a devoted to business activity. The $10 year for "Barrister." They are AmeriABA the Press, published by practice appears to be growing. can Bar Center, 1155 E. 60th St., Certain sponsoring organizations 111. 60637. Chicago, out brochures and other send Mountain SALT LAKE CITY has Fuel Supply Company recently formed a new department, known as the "Contracts, Lands and Gas Acquisition Department," and has promoted several employees to key positions of responsibility within that department, according to J. T. Simon, executive vice president. R. M. Kirsch, formerly associate general counsel for the Company, has been named director of the new department, which will deal With all facets relating to the acquisition of new gas supplies for Mountain Fuel. Other newly promoted managers within the department include W. S. Olson, manager, gas purchases and ARABS HIT HARD liquid sales; G. A. Peppinger, manON HOLY DAYS ager, lands and leasing; E. A. Farmer, YORK NEW International trade winds advices say the manager, units and joint operations; Arabs chosen have "infidel" high holy days as best for military T. W. Shepherd, Jr., manager, properand economic attacks. ties and rights of way; and R. M. Ball, The Arab military attack oh Israel started on the holy day manager, title and lease records. of the of the "Because Yom Kippur. The tigantic economic price jump on Arab oil for rapid growth Company, many activities have been export was announcer on Christmas Day. swiftly expanding, particularly those Trustworthy banking advices are that if Israel doesn't come dealing with acquisition of new gas through with full concessions to end the state of war by late supplies," said Mr. Simon. "The imMarch, another Arab military andor economy attack will be put portance of adequate future supplies into play near or on the Easter or Passover religious holy days. is so great we have decided to create a of the Arab Leaders countries have made this department that will be specifically Arab-Israfor those war a holy war. They regard any country that doesn't supobtaining responsible plies as needed." agree with the Arab Moslem cause an "infidel" and not to be given any consideration. Prior to either of those holy days, say the trade winds, the Arabs may call for oil payments in the form of military equipment or gold that can be used for the purchase of military hardware and munitions. Based on the latest price boosts for imported oil, the world will be paying more than $100 billion a year. Not even the highly industrialized countries can afford a continuation of such payments. It would exhaust currency reserves and bring about A three-judg- e WASHINGTON (UPI) worldwide economic chaos. panel of the U.S. Court of International trade circles say the Arabs took this calculated Appeals has upheld the right of risk as an economic weapon to pressure the industrial nations to Congress to legislate workmen's compel Israel to withdraw from what the Arabs call occupied compensation for coal miners' all-pri- four-colo- legal-intere- thought-provokin- st g Mountain Friday, March 8, 1974 SALT LAKE CITY, UTAH VOLUME 17, NUMBER 283 Forms New Department - Gaze material promoting cruises, trips or conventions to or in popular vacation spots or resort areas emphasizing the recreational advantages of the cruise, trip or convention but also referring to the such a vacation trip, his expenses, if any, incurred specifically for business activities are deductible. For example, the properly allocable cost of a scries of lectures on business or professional subjects actually attended by' a cruise participant may be deductible. Whether a cruise, trip or con- conduct of professional or business activity, the IRS said. Sometimes the professional or vention is primarily personal business activity is of minimal relevance to the conduct of the depends upon the facts in each case. An important factor in determining profession or business of those whether the cruise, trip or consolicited, or is of a nature that its vention is primarily personal is a location, content and participants are inconsistent with the requisite comparison of time spent on on primary relationship to the conduct business affairs and time spent of the profession or business, such personal activities. as a seminar in a distant foreign vacation spot taught by specialists from the locality of those solicited by the sponsoring organization. Some taxpayers may mistakenly assume that the entire cost of going on the cruise or trip or attending the convention is deductible, the IRS warns. If the primary purpose of the individual in taking the cruise, making the trip or going to the convention is a vacation, the cruise, trip or convention is considered to be personal in nature and the ex(See details page 4) penses incurred are not deductible. in If, however, a taxpayer engages business activities while he is on . - . Supreme Court Decisions MRAU Starts Membership Drive mmmmmmmmism el Court Approves U.S. Black Lung Disease Law - "black lung" respiratory disease, and the U.S. labor secretary's authority to issue regulations under the law. The decision of the panel headed by Chief Judge Skelly Wright, dismissed a challenge by the National Coal Independent Operators Association and several coal companies. The coal companies had challenged Congress power to assess retroactive liability for miners who-lef- t their jobs prior to of law in 1969, and to the passage assign responsibility to the last company for which a miner had worked before he discovered he had the disease. . territory. Higher prices for Arab oil didn't surprise import-expotraders. Several months ago James Akins, once an energy adviser to President Nixon, and now United States ambassador to Saudi Arabia, mentioned a marked price hike in Arab oil as in the rt making. ' Arab countries know their supplies are a perishable product. Reason: Within the next 15 to 20 years the United States and other countries will obtain their energy needs from alternative sources such as coal, oil shale, etc. The some 700,000 barrels of oil a day "leaking" from Arab countries to the United States, say oil trade insiders, comes from Arab leaders' who want to cash in on the sellers' market. , The Arab oil producers doing the "leaking" Jbiow the "happy prices" might not continue for years ahead because the high prices now make It profitable for many new and marginal sources of energy. , . KICKING OFF THEIR MARCH membership campaign, Mrs. Elaine S. Sharp, left, executive director of the Mental Retardation As- sociation of Utah, discusses campaign strategy with Mrs. Francis M. Partridge, membership chairman, and Mrs. Edwin R. Moore, right, a member of the membership committee. More than 1,000 members of the Mental Retardation Association of Utah this month opened their 1974 membership drive, hoping to double their membership this year. Mrs. Elaine S. Sharp, executive director of MRAU, said Mrs. Francis M. Partridge had been appointed chairman of the 1974 membership campaign. The drive will continue through June. MRAU is a corporation serving Utah's retarded and develop-mentall- y disabled citizens at the Utah State Training School in American Fork, Community Group Homes and other lot--1 and statewide programs non-prof- it MRAU was established 26 years volunteer ago, in 1948, as a state-wid- e group serving as a spokesman for Utah's retarded. The agency supports public information programs, research fellowships, college scholarships, parent counseling and therapy workshops. Those interested in joining MRAU or in finding out about its activities are asked to visit the group's quarters, at 211 East 3rd South, Suite 214, or call MRAU now has chapters in everyv county in Utah, each of them conductfVnni ing "lotnhorship dr'1''"" 328-157- 5. |
