NORTH VALLEY METABOLIC LABORATORIES v. COMMISSIONER

Docket No. 5537-72.

34 T.C.M. 400 (1975)

T.C. Memo. 1975-79

North Valley Metabolic Laboratories v. Commissioner.

United States Tax Court.

Filed March 26, 1975.


Attorney(s) appearing for the Case

Wareham Seaman, Jr., 4625 Garden Hwy., Sacramento, Calif., for the petitioner. Randall G. Dick, for the respondent.


Memorandum Findings of Fact and Opinion

QUEALY, Judge:

The respondent has determined deficiencies in the income tax of petitioner for the taxable years 1968 and 1969 in the amounts of $6,572.15 and $11,371.63 respectively.

Due to concessions by the parties, the sole question before the Court is whether petitioner is liable for the surtax under section 5311 for the taxable years in question as having been availed of for...

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