1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 47 T.C.M.
  5. 47 T.C.M. 1350 (1984)
 

INTERNATIONAL MINERALS AND CHEMICAL CORPORATION v. COMMISSIONER

Docket No. 19735-80.

47 T.C.M. 1350 (1984)

T.C. Memo. 1984-147

International Minerals and Chemical Corporation and Subsidiaries v. Commissioner.

United States Tax Court.

Filed March 26, 1984.

Attorney(s) appearing for the Case

Warren C. Seieroe, Charles N. Huber, James L. Malone, III, 111 W. Monroe St., Chicago, Ill., for the petitioner. Ronald A. Stein, Seymour I. Sherman, for the respondent.

Memorandum Findings of Fact and Opinion

WILBUR, Judge:

Respondent determined deficiencies of $885,646 and $913,294 in the Federal income tax of petitioner International Minerals and Chemical Corporation and subsidiaries for the fiscal years ended June 30, 1973, and June 30, 1974. After concessions, the sole issue remaining for our decision is whether a sale of certain property by Royster Co. to Wayland Corporation and a contemporaneous lease of that property...

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