INTERNATIONAL MULTIFOODS CORP. v. COMMISSIONER

Docket No. 11643-92.

108 T.C. 579 (1997)

INTERNATIONAL MULTIFOODS CORPORATION AND AFFILIATED COMPANIES, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed June 18, 1997.


Attorney(s) appearing for the Case

David R. Brennan, John K. Steffen, Susan B. Grupe, and Nathan P. Zietlow, for petitioner.

Jack Forsberg, for respondent.


RUWE, Judge:

On March 26, 1992, respondent determined deficiencies in petitioner's Federal income taxes as follows:

     TYE                                            Deficiency

   2/28/87 .......................................   $2,962,380
   2/29/88 .......................................    3,592,402

Petitioner paid these deficiencies following receipt of its notice of...

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