NEMOURS CORPORATION v. C.I.R.

No. 14427.

325 F.2d 559 (1963)

NEMOURS CORPORATION, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.

United States Court of Appeals Third Circuit.

Decided December 26, 1963.


Attorney(s) appearing for the Case

Laurence Graves, New York City, for petitioner.

Gilbert E. Andrews, Dept. of Justice, Washington, D. C. (Louis F. Oberdorfer, Asst. Atty. Gen., Meyer Rothwacks, Dept. of Justice, Washington, D. C., on the brief), for respondent.

Before STALEY and GANEY, Circuit Judges, and NEALON, District Judge.


PER CURIAM.

The taxpayer in the above matter sought a review of the Commissioner of Internal Revenue's determination that there existed a deficiency in its income tax for the taxable year 1956, on the theory that it was subject to the personal holding company tax. During the trial, the Commissioner, after he had amended his answer to the petition, abandoned his former claim and determined that the taxpayer was deficient in a lesser amount

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