AURORE B. BENOIT v. COMMISSIONER

Docket No. 50804.

25 T.C. 656 (1955)

AURORE B. BENOIT, TRANSFEREE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed December 30, 1955.


Attorney(s) appearing for the Case

Walter F. Gibbons, Esq., for the petitioner.

Frank V. Moran, Jr., Esq., and Joseph Landis, Esq., for the respondent.


Respondent determined that petitioner is liable to the extent of $53,611.68, plus statutory interest, as transferee of assets of River Mills, Inc., for deficiencies of that corporation in excess profits tax for 1944 and income and excess profits tax for 1945.

The questions presented are: Is petitioner a transferee of assets of River Mills, Inc.; and, if so, does the statute of limitations bar the assessment and collection of any liability due from her as such transferee...

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