WHITE'S FERRY, INC. v. COMMISSIONER

Docket Nos. 19204-90, 25984-91.

66 T.C.M. 1855 (1993)

T.C. Memo. 1993-639

White's Ferry, Inc. v. Commissioner.

United States Tax Court.

Filed December 29, 1993.


Attorney(s) appearing for the Case

Rex L. Sturm and R. Edwin Brown, 260 E. Jefferson St., Rockville, Md., for the petitioner. Sandra M. Jefferson, for the respondent.


Memorandum Findings of Fact and Opinion

SWIFT, Judge:

Respondent determined a deficiency of $86,549 (including $2,981 in personal holding company tax) in petitioner's (White's Ferry) corporate Federal income tax for White's Ferry's taxable year ending March 31, 1987, and respondent determined that White's Ferry is liable for passive investment income taxes of $32,299 and $19,318, respectively, on net passive investment income for its short taxable year beginning...

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