Memorandum Findings of Fact and Opinion
FAY, Judge:
Respondent determined deficiencies in the Federal income tax of petitioner, Waste Disposal, Inc., as follows:
1967 .................. $ 773.64 1968 .................. 5.62 1969 .................. 20,904.12
We are to decide if advances made to petitioner by its shareholders in the years 1965 through 1969 in exchange for unsecured promissory notes...
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