ASSOCIATED BROADCASTERS, INC. v. COMMISSIONER

Docket No. 3499.

4 T.C.M. 355 (1945)

The Associated Broadcasters, Inc. v. Commissioner.

United States Tax Court.

Entered March 31, 1945.


Attorney(s) appearing for the Case

Robert B. Gaylord, Esq., 1220 Russ Bldg., San Francisco, Calif., for the petitioner. Eugene Harpole, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The respondent determined deficiencies in the petitioner's various tax liabilities as follows:

                                  Years
                        1939       1940        1941

Income tax........... $3,972.70  $4,931.94  $ 1,470.40
Declared value excess
  profits tax........                           504.67
Excess profits tax...                        18,248.74

The sole issue is the...

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