ABC Rentals v. Commissioner

ABC RENTALS OF SAN ANTONIO, INC., ET AL., 1 Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

ABC Rentals v. Commissioner

Docket Nos. 20689-91, 20690-91, 20691-91, 24840-91

United States Tax Court

T.C. Memo 1994-601; 1994 Tax Ct. Memo LEXIS 608; 68 T.C.M. (CCH) 1362;

December 7, 1994, Filed

Decision will be entered under rule 155.

For petitioners: Timothy P. O'Sullivan and John R. Gerdes.

For respondent: Michael J. O'Brien.

HAMBLEN

HAMBLEN

MEMORANDUM OPINION

HAMBLEN, Chief Judge: By three separate notices of deficiency, respondent determined deficiencies in petitioners' income tax as follows:

ABC…