1. Home
  2. Browse Decisions
  3. T.C.
  4. 50 T.C.
  5. 50 T.C. 583 (1968)
 

AUDREY REALTY, INC. v. COMMISSIONER

Docket No. 5076-66.

50 T.C. 583 (1968)

AUDREY REALTY, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed July 18, 1968.

Attorney(s) appearing for the Case

Philip M. Hak, for the petitioner.

Lawrence A. Wright, for the respondent.

OPINION

TIETJENS, Judge:

The Commissioner determined a deficiency of $7,745.07 in income tax against petitioner for the taxable year ending December 31, 1964.

The basic question is whether or not petitioner was a "personal holding company" in 1964. In the present context this depends upon whether petitioner, which conducted a loan business, the loans of which were secured by real estate mortgages,...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases