SWYGERT, Circuit Judge.
Petitioner, Interstate Drop Forge Company, a Wisconsin corporation with its principal place of business in Milwaukee, petitions this court for a redetermination of its income tax liability for the year 1957. The Commissioner of Internal Revenue assessed a tax deficiency of $15,600 based on a disallowance of a deduction of $30,000 which was taken by taxpayer as a business expense in its 1957 return. The deduction represented a payment made to...
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