United States Tax Court October 9, 1997, 15047-94, 4991-95 (Square D Company and Subsidiaries v. Commissioner)

109 T.C. No. 9

UNITED STATES TAX COURT

SQUARE D COMPANY AND SUBSIDIARIES, Petitioner v.

COMMISSIONER OF INTERNAL REVENUE, Respondent

Docket Nos. 15047-94, 4991-95. Filed October 9, 1997.

During December 1982, P established a voluntary

employees' beneficiary association (VEBA) which

qualified for exemption under sec. 501(c)(9), I.R.C.,

and as a welfare benefit fund (WBF) under sec. 419(e),

I.R.C.