TANNENWALD, Judge:
Respondent determined a deficiency of $3,298.84 in petitioner's income tax for the taxable year ended October 31, 1967.
The only issue remaining for our consideration is whether petitioner incurred or continued to carry indebtedness in order to purchase or carry tax-exempt, interest-bearing Kentucky State toll road bonds.
FINDINGS OF FACT
Some of the facts are stipulated and are so found...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.