Zions First Nat'l Bank v. Commissioner

ZIONS FIRST NATIONAL BANK, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Zions First Nat'l Bank v. Commissioner

Docket No. 386-72

United States Tax Court

T.C. Memo 1974-210; 1974 Tax Ct. Memo LEXIS 109; 33 T.C.M. (CCH) 941; T.C.M. (RIA) 74210;

August 13, 1974, Filed.

J. Jay Bullock, for the petitioner

Ralph W. Jones, for the respondent

FAY

MEMORANDUM OPINION

FAY, Judge : Respondent has determined a deficiency in petitioner's Federal income tax for the calendar year 1968 in the amount of $23,998.99.

This case was submitted with a full stipulation of facts under Rule 122 of the Tax Court…