SNIKTAW PETROLEUM, INC. v. COMMISSIONER

Docket No. 6127-80.

52 T.C.M. 1041 (1986)

T.C. Memo. 1986-554

Sniktaw Petroleum, Inc., a Nevada Corporation v. Commissioner.

United States Tax Court.

Filed November 20, 1986.


Attorney(s) appearing for the Case

David Horton, for the petitioner. J.L. Millward, for the respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

STERRETT, Chief Judge:

Respondent determined, by notice of deficiency dated January 25, 1980, deficiencies in the Federal income taxes of petitioner and additions to tax for the taxable years ended December 31, 1972 through December 31, 1975 as follows:

                                                Addition to Tax     Addition to Tax
  Year...

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