Memorandum Findings of Fact and Opinion
SHIELDS, Judge:
Respondent determined deficiencies in petitioner's income taxes for fiscal years 1978 and 1979 in the respective amounts of $10,195.73 and $8,480.00. After concessions, the only issue remaining is whether petitioner is entitled to deduct as a business expense the $27,045 it paid in fiscal year 1976 "in lieu of any penalty" prescribed by section 60-7(4) of the Illinois Antitrust Act. Resolution of this...
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