SYNDICATE v. COMMISSIONER

Docket No. 3159.

5 T.C.M. 821 (1946)

Carl Maier Syndicate, by J. C. Jessen, Sole Trustee v. Commissioner.

United States Tax Court.

Entered September 25, 1946.


Attorney(s) appearing for the Case

Frank T. Horner, Esq., 433 S. Spring St., Los Angeles 13, Calif., for the petitioner. E. A. Tonjes, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

HARLAN, Judge:

This is a proceeding to obtain redetermination of deficiencies declared by the Commissioner in petitioner's income and declared value excess profits taxes for the years 1939 and 1940 as follows:

  Year    Income Tax    Declared Value Excess Profits Tax

  1939...........    $3,709.70    $1,619.87
  1940...........     5,839.08     1,595.75
                     _________    _________
...

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