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BOEING COMPANY v. RENEGOTIATION BOARD

Docket No. 935-R.

37 T.C. 613 (1962)

BOEING COMPANY, PETITIONER, v. RENEGOTIATION BOARD, RESPONDENT.

United States Tax Court.

Filed January 10, 1962.

Attorney(s) appearing for the Case

Lowell P. Mickelwait, Esq., Andrew M. Williams, Esq., and David E. Wagoner, Esq., for the petitioner.

James H. Prentice, Esq., David L. Rose, Esq., and Harland F. Leathers, Esq., for the respondent.

WITHEY, Judge:

On December 5, 1955, the respondent issued its unilateral order determining that for the year 1952 petitioner had received excessive profits in the amount of $9,822,340 upon renegotiable business with the United States Air Force. At the close of the proofs herein, respondent, by an amendment of its answer to conform to such proof, now claims total excessive profits for 1952 in the amount of $20 million. The disposition of two preliminary issues...

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