Little Mt. Corp. v. Comm'r

LITTLE MOUNTAIN CORPORATION, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Little Mt. Corp. v. Comm'r

Docket No. 581-15.

United States Tax Court

T.C. Memo 2016-147; 2016 Tax Ct. Memo LEXIS 145;

August 8, 2016, Filed

Decision will be entered.

Steven A. Wilson, for petitioner.

Rollin George Thorley, David W. Sorensen, and Rebekah A. Myers, for respondent.

KERRIGAN, Judge.

KERRIGAN

MEMORANDUM FINDINGS OF FACT AND OPINION

KERRIGAN, Judge: Respondent determined a deficiency in petitioner's Federal income tax of $361,080 for its taxable year ending October 31, 2011. Unless otherwise indicated, all…