CHILDERS DISTRIBUTING CO., INC. v. COMMISSIONER

Docket No. 21457-80.

46 T.C.M. 3 (1983)

T.C. Memo. 1983-237

Childers Distributing Company, Inc. v. Commissioner.

United States Tax Court.

Filed May 2, 1983.


Attorney(s) appearing for the Case

J.R. Brooks, William B. Tatum, Joe H. Ritch and W. Stanley Rodgers, 218 Randolph Ave., Huntsville, Ala., for the petitioner. Jillena A. Warner, for the respondent.


Memorandum Findings of Fact and Opinion

SCOTT, Judge:

Respondent determined a deficiency in petitioner's income tax for calendar year 1977 in the amount of $33,261.59. Due to concessions made by petitioner, the only issue for decision is whether certain Alabama beer taxes should have been included as part of the cost of petitioner's year-end beer inventory for 1977 or whether these taxes to the extent applicable to ending inventory were deductible under...

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