E. I. Dupont De Nemours and Company v. The United States

DURFEE, Judge.

These are suits, which were consolidated for trial, for refund of income and excess profits taxes for the calendar years 1951, 1952 and 1953. All but two of the issues have been severed and compromised. The remaining two issues involve only the excess profits tax for the years 1951 and 1952. We shall refer to these issues as the 1951 Issue and the 1952 Issue,. respectively. The facts relating to both were fully stipulated, and are set out in the printed report of Commissioner Cowen, now Chief Judge Cowen, filed March 26, 1964. We have adopted the Commissioner’s Report as the…