D. D. I., INC. v. UNITED STATES

No. 258-71.

467 F.2d 497 (1972)

D. D. I., INC., et al. v. The UNITED STATES.

United States Court of Claims.

October 13, 1972.


Attorney(s) appearing for the Case

W. R. Anchors, attorney of record, for plaintiffs. Smathers & Thompson and Richard H. Hunt, Jr., Miami, Fla., of counsel.

Michael H. Singer, Washington, D. C., with whom was Asst. Atty. Gen. Scott P. Crampton, for defendant. Philip R. Miller and Theodore D. Peyser, Washington, D. C., of counsel.

Before COWEN, Chief Judge, LARAMORE, Senior Judge, and DAVIS, SKELTON, NICHOLS, KASHIWA and KUNZIG, Judges.


ON PLAINTIFFS' MOTION AND DEFENDANT'S CROSS MOTION FOR SUMMARY JUDGMENT

KUNZIG, Judge.

Plaintiffs are suing for a refund of interest paid as part of a settlement of accumulated earnings taxes.

After audit, the Commissioner of Internal Revenue proposed to assess accumulated earnings taxes1 of varying amounts against the plaintiffs. As a result of negotiations between plaintiffs and the Commissioner, it was agreed that...

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