NEW AMSTERDAM FISH, INC. v. COMMISSIONER

Docket Nos. 2853-65, 5406-65.

30 T.C.M. 80 (1971)

T.C. Memo. 1971-17

New Amsterdam Fish, Inc. v. Commissioner.

United States Tax Court.

Filed January 21, 1971.


Attorney(s) appearing for the Case

Jules Ritholz and Robert S. Fink, 52 Wall St. New York, N. Y. for the petitioner. Marvin A. Fein and Patrick E. Whelan, for the respondent.


Memorandum Findings of Fact and Opinion

FORRESTER, Judge:

Respondent has determined deficiencies of $26,118.62, $31,219.64, $32,300.15, and $35,024.46, for the taxable years ending in 1960, 1961, 1962, and 1963, respectively. Both parties have made concessions so that the sole issue left for our decision is whether, during the relevant years, petitioner made deductible cash payments through its salesmen to...

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