Cosmopolitan Corp. v. Commissioner

Cosmopolitan Corporation v. Commissioner. The Davies Building, Inc. v. Commissioner.

Cosmopolitan Corp. v. Commissioner

Docket Nos. 61421, 61422.

United States Tax Court

T.C. Memo 1959-122; 1959 Tax Ct. Memo LEXIS 127; 18 T.C.M. (CCH) 542; T.C.M. (RIA) 59122;

June 12, 1959

Sheldon V. Ekman, Esq., 125 Park Avenue, New York, N. Y., for the petitioners. Martin D. Cohen, Esq., and Paul D. Barker, Esq., for the respondent.

OPPER

Memorandum Findings of Fact and Opinion

OPPER, Judge: In these consolidated proceedings respondent determined deficiencies in income tax as follows:

Petitioner

Year

Deficiency

Cosmopoli…