WILLIAMS v. COMMISSIONER

Docket No. 2172.

3 T.C. 1002 (1944)

GEORGE T. WILLIAMS, TRANSFEREE OF SEEKONK CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated June 19, 1944.


Attorney(s) appearing for the Case

Robert L. Bridges, Esq., C. William Maxeiner, Esq., and Gardiner Johnson, Esq., for the petitioner.

Harry R. Horrow, Esq., for the respondent.


The Commissioner has determined that the petitioner, as transferee of the assets of the Seekonk Corporation, a dissolved corporation, is liable for deficiencies in income tax and declared value excess profits tax for the year 1941 in the amounts of $167,567.38 and $80,661.40. The petitioner does not dispute his liability, as transferee, for deficiencies of the corporation, but contends that the determination of the deficiencies is erroneous. The questions presented are whether...

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