LIBERTY MACHINE WORKS, INC. v. COMMISSIONER OF INTERNAL REVENUE

No. 74-1901.

518 F.2d 554 (1975)

LIBERTY MACHINE WORKS, INC., Appellant, v. COMMISSIONER OF INTERNAL REVENUE, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided July 24, 1975.


Attorney(s) appearing for the Case

Urban C. Bergbauer, St. Louis, for appellant.

George G. Wolf, Atty., Tax Div., U. S. Dept. of Justice, Washington, D. C., for appellee.

Before JONES, Senior Circuit Judge, HEANEY and BRIGHT, Circuit Judges.


PER CURIAM:

Liberty Machine Works, Inc. seeks review of an adverse decision of the Tax Court in which tax deductions were denied with respect to a profit-sharing plan for its salaried and clerical employees. The facts which presented the issue and the reason for the determination by the Tax Court are set forth in its opinion. 62 T.C. 621. The decision of the Tax Court is correct and its judgment is

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