Equitable Life Ins. Co. v. Commissioner

EQUITABLE LIFE INSURANCE CO. OF IOWA, Transferee, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Equitable Life Ins. Co. v. Commissioner

Docket No. 2612-75.

United States Tax Court

T.C. Memo 1977-299; 1977 Tax Ct. Memo LEXIS 142; 36 T.C.M. (CCH) 1184; T.C.M. (RIA) 770299;

September 6, 1977, Filed

Marvin F. Peterson, for the petitioner.

Ronald M. Frykberg, for the respondent.

HALL

MEMORANDUM FINDINGS OF FACT AND OPINION

HALL, Judge: Respondent determined that petitioner, as transferee of the assets of Equity Insurance Company of Iowa, is liable for a deficiency in the transferor's 1969…