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TEXTRON INC. & SUB. COS. v. COMMISSIONER

Docket No. 20643-98.

117 T.C. 67 (2001)

117 T.C. No. 7

TEXTRON INC. AND SUBSIDIARY COMPANIES, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed August 21, 2001.

Attorney(s) appearing for the Case

James P. Fuller, Kenneth B. Clark, and David L. Forst, for petitioner.

Nancy B. Herbert, Ruth M. Spadaro, and Jeffrey L. Bassin, for respondent.

OPINION

LARO, Judge:

This matter is before the Court on cross-motions for partial summary judgment. See Rule 121.1 Petitioner petitioned the Court to redetermine respondent's determination of deficiencies of $5,083,201, $1,783,938, $244,211, $1,152,171, $14,011,513, and $68,811 in its Federal income tax for its taxable years ended January 2, 1988, December 31, 1988, December 30, 1989, December 29, 1990, December 28, 1991...

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