WEST COAST SECURITIES CO. v. COMMISSIONER

Docket Nos. 13922, 13923, 13924, 13925, 13926, 13927, 13928, 13929, 13930, 13931.

14 T.C. 947 (1950)

WEST COAST SECURITIES COMPANY (A DISSOLVED CORPORATION), PETITIONER, ET AL., v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated May 29, 1950.


Attorney(s) appearing for the Case

George H. Koster, Esq., for the petitioners.

R. G. Harless, Esq., for the respondent.


The above entitled cases were consolidated for hearing in this proceeding. Respondent determined deficiencies in the income tax, declared value excess profits tax, and personal holding company surtax of petitioner West Coast Securities Co. in the following amounts for the period January 1, 1943, to and including August 31, 1943, at which time the corporation was dissolved:

Income tax -------------------------------------------------   $29,949.56
Declared value...

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