Memorandum Findings of Fact and Opinion
DRENNEN, Judge:
Respondent determined deficiencies in petitioner's income tax for its taxable years ended June 30, 1957, 1958, and 1959 in the respective amounts of $6,873.11, $16,103.40, and $13.520.
The only issue for decision is whether petitioner is entitled to deductions claimed on its returns for compensation paid its officer-stockholders in each of the 3 years involved.
Findings of Fact
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