STARKS BUILDING CO. v. COMMISSIONER

Docket No. 7189-71.

32 T.C.M. 1201 (1973)

T.C. Memo. 1973-256

Starks Building Co. v. Commissioner.

United States Tax Court.

Filed November 26, 1973.


Attorney(s) appearing for the Case

Henry R. Heyburn and William C. Stone, 16th Floor, Citizens Plaza, Louisville, Ky., for the petitioner. Frederick W. Krieg, for the respondent.


Memorandum Findings of Fact and Opinion

SCOTT, Judge:

Respondent determined deficiencies in petitioner's income taxes for the taxable years 1966 and 1967 in the amounts of $132,548.63 and $147,492.61, respectively. Some of the issues raised by the pleadings have been disposed of by agreement of the parties. The only issue remaining for decision is whether, for each of the years in issue, petitioner was formed or availed of for the purpose of avoiding income...

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