GRIEB v. COMMISSIONER

Docket No. 79501.

36 T.C. 156 (1961)

LEON G. GRIEB, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed April 26, 1961.


Attorney(s) appearing for the Case

John D. Cahill, Esq., and Lawrence J. Binder, Esq., for the petitioner.

James T. Wilkes, Jr., Esq., for the respondent.


FISHER, Judge:

Respondent determined a fiduciary liability against petitioner under section 311(a)(2) of the 1939 Code resulting from the distribution to him of the assets of Victory Builders, Inc., upon its liquidation, and the subsequent payment of some of its debts without first satisfying a liability of that company for unpaid income taxes of $560.37 for the year 1949. Respondent has also determined against petitioner an addition to tax in the amount of...

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