BRICK MILLING COMPANY v. COMMISSIONER

Docket No. 91876.

22 T.C.M. 1603 (1963)

T.C. Memo. 1963-305

Brick Milling Company v. Commissioner.

United States Tax Court.

Filed November 13, 1963.


Attorney(s) appearing for the Case

David P. Brown, Jr., 1222 Western Savings Fund Bldg., Philadelphia, Pa., for the petitioner. Malin Van Antwerp, for the respondent.


Memorandum Findings of Fact and Opinion

HOYT, Judge:

The respondent has determined deficiencies of $17,134.19 and $6,021.71 for the petitioner's fiscal years ending March 31, 1958, and 1959, respectively. Disallowance of claimed depreciation is not contested by petitioner. The only issue for decision is whether the petitioner acquired control of another corporation with the principal purpose of evading or avoiding Federal income tax within the meaning of...

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