A. F. GALLUN & SONS CORP. v. UNITED STATES

No. 79-C-76.

510 F.Supp. 630 (1981)

A. F. GALLUN & SONS CORPORATION, Plaintiff, v. UNITED STATES of America, Defendant.

United States District Court, E. D. Wisconsin.

March 6, 1981.


Attorney(s) appearing for the Case

Foley & Lardner by James P. Brody, Milwaukee, Wis., for plaintiff.

Thomas R. Jones and Nancy Morgan, Tax Div. U. S. Dept. of Justice, Washington, D. C., for defendant.


DECISION and ORDER

MYRON L. GORDON, District Judge.

This case was tried to the court earlier this year, and the parties have submitted post-trial briefs. The issue I must resolve is whether the plaintiff corporation is liable for the accumulated earnings tax imposed by the defendant for the plaintiff's fiscal year ended September 30, 1974. The plaintiff seeks a refund of $147,096, the amount of the tax imposed, plus statutory interest.

Imposition...

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