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CONTINENTAL ILLINOIS CORP. v. COMMISSIONER

Docket No. 5931-83. (Iranian Loss Issue).

94 T.C. 165 (1990)

CONTINENTAL ILLINOIS CORP., PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed February 28, 1990.

Attorney(s) appearing for the Case

Edward C. Rustigan, Joel V. Williamson, Roger J. Jones, and Lloyd S. Fischer, for the petitioner.

Cynthia J. Mattson and Eli J. Dicker, for the respondent.

TANNENWALD, Judge:

Respondent determined the following deficiencies in petitioner's Federal income taxes:

  Year                                           Deficiency
  1975 ........................................  $1,899,880
  1976 ........................................      84,088
  1977 ........................................  36,741,206
  1978 ........................................  15,844,349
  1979 ...................

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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