First Nat'l Bank v. Commissioner

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

First Nat'l Bank v. Commissioner

Docket No. 9404-93.

United States Tax Court

T.C. Memo 1994-312; 1994 Tax Ct. Memo LEXIS 315; 68 T.C.M. (CCH) 35;

July 7, 1994, Filed

Decision will be entered for respondent.

For petitioner: Kenneth M. Slack

For respondent: Dennis M. Kelly

ARMEN

ARMEN

MEMORANDUM FINDINGS OF FACT AND OPINION

ARMEN, Special Trial Judge: This case was heard pursuant to the provisions of section 7443A(b)(3) and Rules 180, 181, and 182. 1

Respondent determined a deficiency in petitioner's Federal income…