G. H. Waterman & Co. v. Norberg

OPINION

BEVILACQUA, Chief Justice.

This is a petition for certiorari to review a Superior Court judgment affirming a decision of the tax administrator assessing a use tax against the petitioner, G. H. Waterman & Co., Inc. (corporation), in the amount of $10,829.49 including interest and costs.

On August 24, 1971, the corporation was sent a notice of deficiency determination under the sales-and-use-tax law resulting primarily from its acquisition in 1965 and 1967 of eleven antique cars from its sole stockholder, George H. Waterman, Jr., in pro tanto satisfaction of Mr. Waterman’s debt to the…