Memorandum Findings of Fact and Opinion
LEECH, Judge:
Respondent has determined a deficiency of $2,335.44 in income tax of petitioner for the calendar year 1940. Petitioner contests the deficiency and claims an overpayment of $5,544.67 upon the ground that it is entitled to a net operating loss carry-over from the year 1939. The issues are (1) whether certain amounts paid by petitioner in 1939 and 1940 as salaries to its first and second vice-presidents...
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.
