GEOGHEGAN & MATHIS, INC. v. C. I. R.

No. 71-1439.

453 F.2d 1324 (1972)

GEOGHEGAN & MATHIS, INC., Petitioner-Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.

United States Court of Appeals, Sixth Circuit.

January 28, 1972.


Attorney(s) appearing for the Case

David W. Gray, Louisville, Ky., for appellant; James E. Fahey, Louisville, Ky., on brief.

Richard Halberstein, Tax Div., Dept. of Justice, Washington, D. C., for appellee; Fred B. Ugast, Acting Asst. Atty. Gen., Meyer Rothwacks, Bennet W. Hollander, Richard Halberstein, Attys., Tax Div., Dept. of Justice, Washington, D. C., on brief.

Before EDWARDS and PECK, Circuit Judges, and McALLISTER, Senior Circuit Judge.


JOHN W. PECK, Circuit Judge.

This is an appeal by the taxpayer, Geoghegan & Mathis, Inc., of Bardstown, Kentucky, to review a decision of the United States Tax Court which is reported at 55 T.C. 672 (1971). The only issue for determination concerns the deductibility for federal income tax purposes of $14,682.78 paid by the taxpayer-appellant during its taxable year ended February 28, 1965.

The appellant is a Kentucky corporation...

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