FARMLAND INDUSTRIES, INC. v. COMMISSIONER

Docket No. 11881-93.

78 T.C.M. 846 (1999)

T.C. Memo. 1999-388

Farmland Industries, Inc. v. Commissioner.

United States Tax Court.

Filed November 29, 1999.


Attorney(s) appearing for the Case

Herbert N. Beller, Washington, D.C., Juan D. Keller, and Norman H. Lane, for the petitioner. Alan M. Jacobson and Davis L. Zoss, for the respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

WHALEN, Judge:

Respondent determined the following deficiencies in petitioner's income tax for the years in issue:

Year Ended                         Deficiency

August 31, 1982 ................   $   402,453
August 31, 1983 ................    32,312,944
August 31, 1984 ................    38,037,781
August 31, 1986 ................        21,569

The sole issue for decision...

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