Memorandum Findings of Fact and Opinion
The Commissioner determined a deficiency for 1937 of $80,217.45 income tax and $21,192.86 excess-profits tax.
The issues are: (1) Whether the determination of deficiency was arbitrary; (2) whether a profit from the sale of assets is taxable to petitioner; (3) whether petitioner is entitled to a deduction of $9,500, legal and accounting expenses of dissolution and liquidation; (4) whether the aforesaid profits should...
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.
