Memorandum Findings of Fact and Opinion
BRUCE, Judge:
Respondent determined a deficiency in corporation income tax of Bottled (Olson) Gas Shop, Inc., in the amount of $5,845.25 for the taxable year ended December 31, 1965, and notified petitioners that the amount of such deficiency, plus interest as provided by law, constituting their liability as transferees of assets of the corporation, would be assessed against them.
Petitioners have conceded...
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