GRANITE CONSTRUCTION COMPANY v. COMMISSIONER

Docket Nos. 26043, 30271.

19 T.C. 163 (1952)

GRANITE CONSTRUCTION COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated November 7, 1952.


Attorney(s) appearing for the Case

Bayley Kohlmeier, Esq., George H. Koster, Esq., and Herbert F. Baker, C. P. A. for the petitioner.

R. E. Maiden, Jr., Esq., and R. B. Sullivan, Esq., for the respondent.


These proceedings involve petitioner's claims for refund of excess profits tax under section 722 of the Internal Revenue Code for the calendar years 1940 to 1944, both inclusive. Respondent disallowed, in full, petitioner's claims for each of the years involved on the grounds that petitioner had not established its right to relief under any of the provisions of section 722.

FINDINGS OF FACT.

Petitioner is a corporation...

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