Martin Marietta Corp. v. United States

This is a suit for additional statutory interest in the amount of $59,249 on an overpayment of corporate income tax for calendar year 1968. The sole issue is whether the Internal Revenue Service correctly computed the statutory interest on an overpayment of tax for calendar year 1968.

The case is before this court on plaintiffs motion for judgment on the pleadings or for summary judgment and defendant’s cross motion for judgment on the pleadings. The case was submitted without oral argument. After careful consideration of the briefs, we grant defendant’s cross motion for judgment on the…