First Nat'l Bank v. Commissioner

FIRST NATIONAL BANK OF OMAHA, a National Banking Corporation, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

First Nat'l Bank v. Commissioner

Docket No. 1430-72.

United States Tax Court

T.C. Memo 1975-67; 1975 Tax Ct. Memo LEXIS 306; 34 T.C.M. (CCH) 360; T.C.M. (RIA) 750067;

March 19, 1975

Laurens Williams,James F. Jorden, and Keith Miller, for the petitioner.

Ronald M. Frykberg, for the respondent.

WILES

MEMORANDUM FINDINGS OF FACT AND OPINION

WILES, Judge: Respondent has determined the following deficiencies in petitioner's Federal income taxes:

Year

Deficiency

1965

$59,905.34

1966

52,169.72

1967