HERZOG MINIATURE LAMP WORKS, INC. v. COMMISSIONER

Docket No. 3089-70.

31 T.C.M. 847 (1972)

T.C. Memo. 1972-173

Herzog Miniature Lamp Works, Inc. v. Commissioner.

United States Tax Court.

Filed August 15, 1972.


Attorney(s) appearing for the Case

Jerome Kamerman, 500 5th Ave., New York, N.Y., for the petitioner. Michael A. Menillo, for the respondent.


Memorandum Findings of Fact and Opinion

QUEALY, Judge:

The respondent determined that there were deficiencies in income taxes due from the petitioner in the amount of $8,612.23 for the taxable year 1966 and in the amount of $12,701.27 for the taxable year 1967. The sole question involved in the determination of these deficiencies is whether the petitioner is liable for surtax pursuant to section 531,1 as having been availed of...

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