GLOBE TOOL & DIE MANUFACTURING CO. v. COMMISSIONER

Docket No. 64917.

32 T.C. 1139 (1959)

GLOBE TOOL & DIE MANUFACTURING CO., INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed August 27, 1959.


Attorney(s) appearing for the Case

George S. Fuller, Esq., for the petitioner.

Frank V. Moran, Jr., Esq., for the respondent.


OPINION.

OPPER, Judge:

The respondent determined deficiencies in income tax for 1951 and 1952 in the respective amounts of $9,861.53 and $26,309.71.

The issues before the Court are whether petitioner is entitled to a deduction in each of the taxable years 1951 and 1952 for additional Massachusetts excise tax for each of the said years which will result from a final determination of petitioner's net...

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