Talley Indus. v. Commissioner

TALLEY INDUSTRIES, INC. AND CONSOLIDATED SUBSIDIARIES, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Talley Indus. v. Commissioner

Docket No. 27826-92

United States Tax Court

T.C. Memo 1994-608; 1994 Tax Ct. Memo LEXIS 617; 68 T.C.M. (CCH) 1412;

December 13, 1994, Filed

For petitioners: James G. Phillipp, Scott M. Knutson, Timothy J. Hatch, Carl T. Crow, and Debra A. White.

For respondent: Joyce L. Sugawara, Robin F. Kaufer, and Charles O. Cobb.

FAY, PANUTHOS

FAY

MEMORANDUM OPINION

FAY, Judge: This case was assigned to Chief Special Trial Judge Peter J. Panuthos pursuant to the provisions…