Memorandum Findings of Fact and Opinion
STERRETT, Judge:
Respondent, in a notice of deficiency dated October 21, 1975, determined deficiencies in income taxes due from petitioner for its taxable years ended September 30, 1966 and 1967 in the amounts of $2,015,299 and $1,130,105, respectively. After various concessions and stipulations the only issue remaining for our decision is the characterization, as currently deductible or capital, of certain payments...
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.