TOMERLIN TRUST, TRANSFEREE v. COMMISSIONER

Docket No. 16219-85.

87 T.C. 876 (1986)

JAMES O. TOMERLIN TRUST, TRANSFEREE, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed October 29, 1986.


Attorney(s) appearing for the Case

Roland K. Martin, Jr., for the petitioner.

Kenneth A. Burns, for the respondent.


KÖRNER, Judge:

By statutory notice of deficiency dated March 26, 1985, respondent determined that petitioner was liable, as transferee, for the following deficiencies of personal holding company tax of Cyclo Automotive, Inc., for the years and in the amounts as follows:

                                           Deficiency in
Years                               personal holding company tax

1979 .......................

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