WOLTER CONSTRUCTION CO. v. COMMISSIONER

Docket No. 5392-75.

68 T.C. 39 (1977)

WOLTER CONSTRUCTION COMPANY, INC., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed April 20, 1977.


Attorney(s) appearing for the Case

Charles F. Hartsock, James W. Halloran, and James J. Cunningham, for the petitioner.

Eugene M. Corbin and Rudolf L. Jansen, for the respondent.


OPINION

TANNENWALD, Judge:

Respondent determined the following deficiencies in petitioner's Federal income taxes:

                 Year                              Deficiency

                 1970 .....................         $7,052.48
                 1971 .....................         45,238.81

The sole issue for decision is whether petitioner is entitled to reduce its taxable income by deducting net operating...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases