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CHARLES SCHNEIDER & CO., INC. v. C. I. R.

Nos. 73-1798 to 73-1802.

500 F.2d 148 (1974)

CHARLES SCHNEIDER & CO., INC., Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. FUTURE FOAM, INC., Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. CHARLES, INC., Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. CENTRAL WOODWORKING CO. INC., Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided July 10, 1974.

Rehearing Denied August 19, 1974.

Attorney(s) appearing for the Case

Joel Davis, Omaha, Neb., for appellants.

Louis A. Bradbury, Atty. Tax Div., Dept. of Justice, Washington D. C., for appellee.

Before JOHNSEN and VAN OOSTERHOUT, Senior Circuit Judges, and TALBOT SMITH, Senior District Judge.

VAN OOSTERHOUT, Senior Circuit Judge.

The taxpayer corporations in the above-entitled cases, which were consolidated in the Tax Court and here, have taken timely appeals from the decision of the Tax Court determining deficiency income tax liability against Charles Schneider & Co., Inc. (C. S. & Co.), for the taxable years ending June 30, 1966, 1967 and 1968, in the amounts of $23,512.40, $15,333.42 and $21,721.05 respectively, and determining income tax deficiency...

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