BALTIMORE CONTRACTORS, INC. v. RENEGOTIATION BOARD

Docket Nos. 953-R, 954-R.

43 T.C. 611 (1965)

BALTIMORE CONTRACTORS, INC., PETITIONER, v. RENEGOTIATION BOARD, RESPONDENT

United States Tax Court.

Filed February 9, 1965.


Attorney(s) appearing for the Case

Robert D. Wallick, for the petitioner.

William E. Nelson and R. Dickey Hamilton, for the respondent.


Respondent has determined by unilateral orders dated December 6, 1956, that petitioner realized excessive profits of $50,000 on three contracts completed in 1951 and $100,000 on one contract completed in 1952. Petitioner contests respondent's determination of excessive profits for both years.

The evidence was heard by a commissioner of the Court and his findings are the basis for our findings of fact herein. Some of the facts have been stipulated.

FINDINGS...

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