WILES, Judge:
Respondent determined a deficiency of $229,049 in petitioner's 1968 Federal income tax. The sole issue for decision is whether petitioner realized short-term or long-term capital gain from the sale of foreign currency contracts.
FINDINGS OF FACT
This case has been fully stipulated and the facts are found accordingly.
The Carborundum Co. (hereinafter petitioner) is a corporation organized and existing under the laws of...
Let's get started
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.
