EQUITABLE LIFE INSURANCE CO. v. COMMISSIONER

Docket No. 10721-75.

73 T.C. 447 (1979)

EQUITABLE LIFE INSURANCE COMPANY OF IOWA, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed December 17, 1979.


Attorney(s) appearing for the Case

James R. Mumford, for the petitioner.

Seymour I. Sherman, for the respondent.


SCOTT, Judge:

Respondent determined deficiencies in petitioner's Federal income tax for the taxable years 1964 through 1972 in the amounts of $1,230,582.18, $333,927.61, $391,439.10, $322,273.64, $403,803.07, $489,036.51, $522,283.19, $440,392.65, and $471,804.99, respectively. Following the settlement of numerous issues raised by the pleadings, those remaining for decision are:

(1) Whether additional reserves established by petitioner to supplement...

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