1. Home
  2. Browse Decisions
  3. T.C.
  4. 71 T.C.
  5. 71 T.C. 493 (1979)
 

W. & B. LIQUIDATING CORP. v. COMMISSIONER

Docket No. 10652-75, 10688-75.

71 T.C. 493 (1979)

W. & B. LIQUIDATING CORP., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT W. & B. LIQUIDATING CORP., TRUST, RAYMOND A. HUST AND LEONARD P. MARKERT, TRUSTEES; JEAN W. HOFFMAN; CHARLOTTE C. BUCKLEY; TRUST UNDER THE WILL OF HOWARD C. WILL, DECEASED, CHARLOTTE C. BUCKLEY AND VIRGINIA W. YEAGER, TRUSTEES; ESTATE OF THEODORE C. THOMASMEYER, DECEASED, CHRISTINE W. THOMASMEYER, EXECUTRIX; RICHARD L. WILL; LEONARD P. MARKERT; AND TRUST UNDER THE WILL OF LOUIS E. WILL, MARINE MIDLAND BANK-CENTRAL, TRUSTEE, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed January 2, 1979.

Attorney(s) appearing for the Case

John T. Hunter, for the petitioners.

Kenneth Bersani, for the respondent.

HALL, Judge:

Respondent determined a $35,563.16 deficiency in petitioner W. & B. Liquidating Corp.'s income tax for its taxable year ended June 30, 1972. Because W. & B. Liquidating Corp. was dissolved in 1973, respondent determined that petitioners in docket No. 10688-75 were liable as transferees for W. & B. Liquidating Corp.'s asserted income tax deficiency. Petitioners in docket No. 10688-75 have conceded that they are transferees of W. &...

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