T.C. Memo. 1995-597                                  
                               UNITED STATES TAX COURT                                
                      CHONG-KAK AND SANG-OK LEE, Petitioners v.                       
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
                       HAMALEE DISTRIBUTORS INC., Petitioner v.                       
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
               Docket Nos. 4498-94, 4503-94. Filed December 19, 1995.                 
               Tysun Ihm, for petitioners.                                            
               Aretha Jones and Clement Shugerman, for respondent.                    
                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
               LARO, Judge:  Chong-Kak and Sang-Ok Lee, and Hamalee                   
          Distributors, Inc., separately petitioned the Court to                      
          redetermine respondent's determinations of the following Federal            
          income tax deficiencies and additions thereto:                              
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