MEMORANDUM FINDINGS OF FACT AND OPINION
COHEN, Chief Judge:
Respondent determined deficiencies and a penalty in petitioner's Federal income taxes as follows:
Penalty Taxable Year Ended Deficiency Sec. 6662(a) Nov. 30, 1991 ....... $42,422,470 -- Nov. 30, 1992 ....... 33,533,968 $547,619
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