Hobson Motor Co. v. Commissioner

HOBSON MOTOR COMPANY, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Hobson Motor Co. v. Commissioner

Docket No. 23420-88

United States Tax Court

T.C. Memo 1990-297; 1990 Tax Ct. Memo LEXIS 315; 59 T.C.M. (CCH) 884; T.C.M. (RIA) 90297;

June 18, 1990, Filed

Decision will be entered for the respondent.

Walter M. Ebel, III, for the petitioner.

Amy Dyar Seals, Richard J. Neubauer, and Nancy W. Hale for the respondent.

PARR, Judge.

PARR

MEMORANDUM FINDINGS OF FACT AND OPINION

Respondent determined deficiencies in and additions to petitioner's Federal income tax as follows:

Additions to Tax

Year…