Memorandum Findings of Fact and Opinion
The respondent determined deficiencies of $46,510.02 and $9,837.64 in the income taxes of the petitioners for the years 1936 and 1937, respectively. He also imposed penalties of $2,325.50 and $491.88 for the same respective years.
The issues now in controversy are:
(1) The deductibility in 1936 of $556,200 as a loss to the petitioner Laura C. Mattes, on account of the worthlessness of her stock of the Lambeth...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
