Respondent has determined a deficiency in excess profits tax for the calendar year 1945 in the sum of $42,004.29. The issue is whether a contribution to an employees' pension trust accrued by petitioner for the taxable year was paid into the trust within 60 days from the close of such year. The proceeding was submitted upon a formal stipulation of facts which is included herein by reference as our findings of fact.
OPINION.
BRUCE, Judge:
The...
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