Briggs Co. v. Commissioner

The Briggs Company v. Commissioner.

Briggs Co. v. Commissioner

Docket No. 6582.

United States Tax Court

1946 Tax Ct. Memo LEXIS 194; 5 T.C.M. (CCH) 366; T.C.M. (RIA) 46109;

May 14, 1946

Thomas J. Bailey, Esq., 1102 Olds Tower, Lansing 8, Mich., for the petitioner. Clarence E. Price, Esq., for the respondent.

HILL

Memorandum Findings of Fact and Opinion

HILL, Judge: Respondent has determined deficiencies in petitioner's income and excess profits tax liability for the years 1940 to 1942, inclusive, as follows:

Excess Profits

Income Tax

Tax

1940

$ 729.80

1941

173.23

$3,095.99

1942

1,023.95

Petitioner having…