JONES, Chief Judge.
This is a suit to recover an alleged overpayment in excess profits taxes for the taxpayer's fiscal year ending November 30, 1945. The controversy centers on the tax consequences of a plan for additional profit-sharing compensation for plaintiff's officers and key employees.
The primary question presented is whether plaintiff, an accrual basis taxpayer, is entitled to a deduction in its fiscal year 1945 for contributions made or accrued...
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