Merrimac Trading Co. v. Commissioner

Merrimac Trading Company v. Commissioner.

Merrimac Trading Co. v. Commissioner

Docket No. 6502.

United States Tax Court

1946 Tax Ct. Memo LEXIS 93; 5 T.C.M. (CCH) 757;

August 29, 1946

Frank J. Albus, Esq., Earle Bldg., Washington, D.C., for the petitioner. William D. Harris, Esq., for the respondent.

OPPER

Memorandum Findings of Fact and Opinion

OPPER, Judge: By this proceeding, petitioner challenges respondent's determination of a deficiency in personal holding company surtax in the amount of $49,866.51 for the year 1941.

In his notice of deficiency, respondent also determined deficiencies in income…