Findings of Fact and Memorandum Opinion
The Commissioner determined deficiencies for 1941 of $1,893.61 in income tax, $1,911.63 in declared value excess profits tax and $4,397.20 in excess profits tax. The petitioner assails the disallowance of $13,000.20 of the $33,000.20 salaries paid to officers.
Findings of Fact
The petitioner was organized on May 10, 1927, under the laws of Virginia, with an authorized capital of 500 shares of the par value...
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.