Memorandum Findings of Fact and Opinion
OPPER, Judge:
Respondent determined deficiencies in petitioner's income tax for the calendar year 1953 in the amount of $50,720.36. Only one element in the deficiency notice is contested by petitioner. The problem presented for our consideration is whether any of the net amount ($86,651.24) received by petitioner in the settlement of an antitrust suit is subject to income tax and, if so, what portion and whether at...
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