McCULLOUGH TOOL COMPANY v. C. I. R.

No. 18258.

318 F.2d 790 (1963)

McCULLOUGH TOOL COMPANY, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Court of Appeals Ninth Circuit.

Rehearing Denied July 25, 1963.


Attorney(s) appearing for the Case

Wilson B. Copes, Wellman P. Thayer, and James E. Harrington, Los Angeles, Cal., for petitioners.

Louis F. Oberdorfer, Asst. Atty. Gen., Meyer Rothwacks, Lee A. Jackson, David O. Walter, and William A. Friedlander, Dept. of Justice, Washington, D. C., for respondent.

Before CHAMBERS and BARNES, Circuit Judges, and CURTIS, District Judge.


CURTIS, District Judge.

This petition for review involves federal excess profit taxes for the years 1951 and 1952. On January 9, 1957, the Commissioner of Internal Revenue notified the petitioner of deficiencies in the respective amounts of $104,690.01 and $86,898.80. Petitioner then filed a petition with the Tax Court for redetermination of the deficiencies under the provisions of Section 272 of the Internal Revenue Code of 1939. The Tax Court determined these deficiencies...

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