INTERtan, INC. v. COMMISSIONER

Docket No. 9599-02.

87 T.C.M. 767 (2004)

T.C. Memo. 2004-1

InterTAN, Inc. v. Commissioner.

United States Tax Court.

Filed January 5, 2004.


Attorney(s) appearing for the Case

Raymond P. Wexler and David C. Kung, for the petitioner.

James M. Cascino, David B. Flassing, and John J. Comeau, for the respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

CHIECHI, Judge:

Respondent determined to impose a $1,000,8191 accuracy-related penalty under section 6662(a)2 on petitioner for its taxable year ended June 30, 1993. The only issue for decision is whether petitioner is liable for that penalty. We hold that it is.

FINDINGS OF FACT

Some of the facts have been stipulated and are so found.

...

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