Memorandum Findings of Fact and Opinion
MURDOCK, Judge:
The Commissioner determined a deficiency of $16,383.38 for 1955, and one of $608.52 for 1956, in the income tax of the petitioner (sometimes called herein the Bank). The only issue for decision is whether the Commissioner erred in determining that the Bank "realized a long-term capital gain of $82,516.91 in 1955 the sale of property described as bank building instead of a nondeductible loss of $17,483...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
