Kurnick v. Commissioner
United States Tax Court
Petitioners' books and their returns prepared therefrom for the years 1943 to 1947, inclusive, showed gross profit margins on retail liquor sales substantially less than the average for similar retail liquor dealers in Michigan. The dealers' purchase and selling prices of liquor were set by the State Liquor Commission.
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Petitioners' books and their returns prepared therefrom for the years 1943 to 1947, inclusive, showed gross profit margins on retail liquor sales substantially less than the average for similar retail liquor dealers in Michigan. The dealers' purchase and selling prices of liquor were set by the State Liquor Commission. Petitioners' gross profit margin on other merchandise (beer, wine, tobaccos, magazines, and incidental groceries) as reported on their returns for 1948 to 1950, inclusive, and as shown on their books, was substantially less than in earlier years and substantially below the…
1Opinion of the Court
John F. Kurnick and Celia Kurnick, Husband and Wife v. Commissioner.
Kurnick v. Commissioner
Docket No. 45833.
United States Tax Court
T.C. Memo 1955-31; 1955 Tax Ct. Memo LEXIS 316; 14 T.C.M. (CCH) 106; T.C.M. (RIA) 55031;
January 31, 1955
Petitioners' books and their returns prepared therefrom for the years 1943 to 1947, inclusive, showed gross profit margins on retail liquor sales substantially less than the average for similar retail liquor dealers in Michigan. The dealers' purchase and selling prices of liquor were set by the State Liquor Commission. Petitioners' gross profit margin on other…
2Cases cited3 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Sutor v. CommissionerUnited States Tax Court · 1951
- McDonnell v. CommissionerUnited States Board of Tax Appeals · 1927
3Cited by9 opinions
- Valetti v. CommissionerUnited States Tax Court · 1957
- Edgmon v. CommissionerUnited States Tax Court · 1993
- Talmage v. Comm'rUnited States Tax Court · 2008
- Richardson v. Comm'rUnited States Tax Court · 2006
- Garavaglia v. Comm'rUnited States Tax Court · 2011
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