KLOEB, District Judge.
The facts in this case have been stipulated. The question presented is whether the plaintiff taxpayer, a State Savings and Loan Association, is entitled to deduct mandatory additions to its loss reserves, under Section 593, Internal Revenue Code of 1954, 26 U.S.C.A. § 593, or, to be more explicit, can the taxpayer make annual additions to its Federal Insurance reserve account and to its State reserve account as required by the rules and...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.