The W. v. Commissioner

12 T.C.M. 40, 1953 Tax Ct. Memo LEXIS 398

Opinion

The W. L. Maxson Corporation v. Commissioner.

The W. v. Commissioner

Docket No. 32817.

United States Tax Court

1953 Tax Ct. Memo LEXIS 398; 12 T.C.M. (CCH) 40; T.C.M. (RIA) 53021;

January 26, 1953

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Fred R. Tansill, Esq., for the petitioner. Ellyne E. Strickland, Esq., for the respondent.

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RAUM

Memorandum Opinion

RAUM, Judge: All of the facts have been stipulated. This case raises no issue that was not also present in Lewyt Corporation, 18 T.C. 1245. We recognize that the Court of Claims in a 3-2 decision has more recently taken a different view of the basic question in Olympic Radio and Television Inc. v. United States, 104 Fed. Supp. 109. However, the Lewyt case represents the law in this Court, and the present case must be disposed of in like manner.

Decision will be entered under Rule 50.