WILLIFORD v. COMMISSIONER

Docket No. 26613-89.

64 T.C.M. 422 (1992)

T.C. Memo. 1992-450

Graham D. Williford v. Commissioner.

United States Tax Court.

Filed August 10, 1992.


Attorney(s) appearing for the Case

Arthur R. Snyder, for the petitioner.

Martin M. Van Brauman and Mark B. Barta, for the respondent.


Memorandum Findings of Fact and Opinion

COLVIN, Judge:

The primary issues in this case are whether petitioner held certain paintings for sale to customers, the fair market value of a frieze contributed by petitioner, and related additions to tax.

Respondent determined the following deficiencies and additions to tax:

                                                            Additions to Tax
                                  ...

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