OPINION
TALBOT SMITH, District Judge.
This action is a suit for refund by plaintiff, J. C. Cornillie Company, against the United States of America, to recover income tax in the amount of $15,600.00 plus statutory interest which was assessed against it for the fiscal years ending March 31, 1960 and 1961. (Stip. ¶ 2) It is a case requiring much analysis in detail since the problem is one of differentiating form from substance. It stems, as we later point...
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