Zarkin v. United States
United States Tax Court
Charles Zarkin owned and controlled a corporation which substantially financed the partnership petitioner. One individual managed both business entities. Charles Zarkin's copartners in the partnership were related to him by blood or marriage, and were employees of his corporation.
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Charles Zarkin owned and controlled a corporation which substantially financed the partnership petitioner. One individual managed both business entities. Charles Zarkin's copartners in the partnership were related to him by blood or marriage, and were employees of his corporation. Held, the partnership petitioner and the corporation were under common control within the meaning of section 403 (c) (6) of the Renegotiation Act of 1943, and the partnership realized excessive profits in its fiscal years 1944 and 1945, of $ 10,000 and $ 35,000, respectively.
1Opinion of the Court
Charles Zarkin, Lewis Pudnos, Samuel Feiertag, Boris Wengel, and Leo Siegel, Co-partners, Doing Business as Zenith Export & Processing Co., 332 E. 28th Street, New York, New York, Petitioners, v. United States of America, Respondent
Zarkin v. United States
Docket No. 815-R.
United States Tax Court
29 T.C. 642; 1958 U.S. Tax Ct. LEXIS 278;
January 13, 1958, Filed
Charles Zarkin owned and controlled a corporation which substantially financed the partnership petitioner. One individual managed both business entities. Charles Zarkin's copartners in the partnership were related to him by blood or…
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- Warner v. War Contracts Price Adjustment BoardUnited States Tax Court · 1950
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- Pechtel v. United StatesUnited States Tax Court · 1952
- Southland Steel Co. v. War Contracts Price Adjustment BoardUnited States Tax Court · 1949
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