OPINION
WELLS, Judge:
Respondent determined the following deficiencies in petitioner's Federal income tax:
Year Deficiency 1978 .................................... $1,743,066 1979 .................................... 5,057,885 1980 .................................... 2,512,321
After concessions, the issue presented...
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.