The Singer Company v. The United States

OPINION *

LARAMORE, Judge.

This is an action to recover alleged overpayments of Federal income taxes paid by plaintiff for the tax year of 1954. The amount in controversy involves a refund of $510,762.73, plus statutory interest on the amount of recovery. The determination of whether or not plaintiff is entitled to recover said amount is based on sections 170 and 162(b) 1 and whether, pursuant to section 170, 2 plaintiff is entitled to claim a deduction for charitable contributions made in the form of discounted sales of its most famous product, i. e., sewing machines.

The resolution of the…