MARITIME GRAIN AND TRADING, LIMITED v. COMMISSIONER

Docket No. 23181-97.

78 T.C.M. 489 (1999)

T.C. Memo. 1999-322

Maritime Grain and Trading, Limited v. Commissioner.

United States Tax Court.

Filed September 24, 1999.


Attorney(s) appearing for the Case

Mehdi Gerami (an officer), for the petitioner. Nancy C. McCurley, for the respondent.


MEMORANDUM OPINION

CHIECHI, Judge:

Respondent determined the following deficiencies in, and accuracy-related penalties under section 6662(a)1 on, petitioner's Federal income tax:

Year                                                 Deficiency   Accuracy-Related Penalty

1989 .............................................    $377,763            $75,553
1990 .....................................

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