Citizens Mut. Inv. Assn. v. Commissioner

Citizens Mutual Investment Association v. Commissioner.

Citizens Mut. Inv. Assn. v. Commissioner

Docket No. 108572.

United States Tax Court

1943 Tax Ct. Memo LEXIS 287; 2 T.C.M. (CCH) 177; T.C.M. (RIA) 43257;

May 25, 1943

Ben F. Johnson, Esq., and J. B. Brennan, Esq., 1516 First Nat'l Bank Bldg., Atlanta, Ga., for the petitioner. J. Y. Porter, Esq., and Chas. P. Bagley, Esq., for the respondent.

KERN

Memorandum Findings of Fact and Opinion

This case involves a deficiency in personal holding company surtax for the fiscal year ended March 31, 1938 of $4,546.86 and a 25 percent penalty of $1,136.72.…