Pierce Oil Corp. v. Commissioner

Adams:

The above entitled proceedings involve deficiencies in income and profits taxes determined by the respondent for the years 1918,1919, and 1920. After prolonged negotiations in the Bureau of *471Internal Revenue, the Commissioner sent a notice of deficiency to petitioners under date of June S, 1930. On July 31, 1930, petitions were filed with the Board and a hearing on the merits was commenced May 22, 1933, and continued until concluded, July 28, 1933. Final briefs were filed January 2, 1934.

Thereafter, on March 8, 1934, the petitioners filed a motion to reopen the proceedings, on which no…