Brook, Inc. v. Commissioner

THE BROOK, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Brook, Inc. v. Commissioner

Docket No. 9116-82.

United States Tax Court

T.C. Memo 1985-462; 1985 Tax Ct. Memo LEXIS 164; 50 T.C.M. (CCH) 959; T.C.M. (RIA) 85462;

September 4, 1985.

Charles T. Crawford, for the petitioner.

Elizabeth M. Fasciana, for the respondent.

KORNER

MEMORANDUM FINDINGS OF FACT AND OPINION

KORNER, Judge: Respondent determined the following income tax deficiencies against The Brook, Inc. (hereinafter "petitioner") for its tax years ending August 31, 1979 and August 31, 1980:

Tax year ended

Amount

August 31, 1979