Napp Sys., Inc. v. Commissioner

NAPP SYSTEMS, INC., F.K.A. NAPP SYSTEMS (USA), INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Napp Sys., Inc. v. Commissioner

Docket No. 16122-90

United States Tax Court

T.C. Memo 1993-196; 1993 Tax Ct. Memo LEXIS 198; 65 T.C.M. (CCH) 2567;

May 4, 1993, Filed

Decision will be entered under Rule 155.

For petitioner: Richard A. Davidson and James A. Mezvinsky.

For respondent: William A. Eddy and Mark E. O'Leary.

SHIELDS

SHIELDS

MEMORANDUM FINDINGS OF FACT AND OPINION

SHIELDS, Judge: Respondent determined a deficiency in petitioner's Federal income tax for the year ended September 30,…