CITRUS MOTORS ONTARIO, INC. v. UNITED STATES

No. 65-396.

249 F.Supp. 425 (1965)

CITRUS MOTORS ONTARIO, INC., a California corporation, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court S. D. California, Central Division.

November 23, 1965.


Attorney(s) appearing for the Case

F. Edward Little, Los Angeles, Cal., for plaintiff.

Manuel L. Real, U. S. Atty., Loyal E. Keir, Asst. U. S. Atty., Chief Tax Division, and Robert T. Jones, Asst. U. S. Atty., for defendant.


CRARY, District Judge.

Plaintiff seeks refund of certain income taxes paid for each of the taxable fiscal years ending September 30th in 1959, 1960, 1961 and 1962.

In urging that 1½% of its contingent liability on conditional sales purchase contracts in effect at year end for automobiles sold, was a reasonable amount for plaintiff to add to its reserve for bad debts, plaintiff points out (Tr. pg. 34, lines 21-25) that defendant's Exhibit A discloses that...

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