United States Tax Court August 2, 1962, Docket No. 84351 (Adams v. Commissioner)

lead-opinion

OPINION.

Scott, Judge:

Respondent determined that petitioner was liable as transferee of Chippewa Springs Corporation for a deficiency in the income tax of that corporation for the taxable year January 1 to October 21,1957, in the amount of $6,642.28, plus interest, as provided by law.