REM INDUSTRIES, INC. v. COMMISSIONER

Docket No. 5621-66.

33 T.C.M. 581 (1974)

T.C. Memo. 1974-123

Rem Industries, Inc. (Formerly Hy-Lan Furniture Company, Inc.) v. Commissioner.

United States Tax Court.

Filed May 13, 1974.


Attorney(s) appearing for the Case

J. Elton Mitchiner, for the petitioner. Thomas F. Niles, for the respondent.


Memorandum Findings of Fact and Opinion

QUEALY, Judge:1

The respondent determined a deficiency of $113,761.09 in the income tax liability of Hy-Lan Furniture Co., a dissolved corporation, for its taxable year ended September 30, 1961. The notice of deficiency was addressed to the petitioner as successor once removed of that corporation.

The issues presented for our decision...

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