PACIFIC AFFILIATE, INC. v. COMMISSIONER

Docket No. 12836.

18 T.C. 1175 (1952)

PACIFIC AFFILIATE, INC., A CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated September 30, 1952.


Attorney(s) appearing for the Case

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

T. M. Mather, Esq., for the respondent.


This case involves deficiencies in income tax and excess profits tax for the taxable year ended December 31, 1943, and a deficiency in excess profits tax for the taxable year ended December 31, 1944, as follows:

Year                                     Income tax   Excess profits tax

1943 ---------------------------------    $9,992.35       $169,500.52
1944 ---------------------------------    ---------        425,725.10

Petitioner...

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