Atlantic Mutual Insurance Company and Includible Subsidiaries - Page 1

                                 T.C. Memo. 1996-75                                   


                               UNITED STATES TAX COURT                                


           ATLANTIC MUTUAL INSURANCE COMPANY AND INCLUDIBLE SUBSIDIARIES,             
             Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent              


          Docket No. 25767-93.              Filed February 22, 1996.                  


               John S. Breckinridge, Jr., and James H. Kenworthy, for                 
          petitioners.                                                                
               Phillip A. Pillar and Maureen Nelson, for respondent.                  


                                 MEMORANDUM OPINION                                   

               FOLEY, Judge:  Respondent determined a deficiency of                   
          $519,987 in petitioners' Federal income tax for the 1987 taxable            
          year as a result of alleged "reserve strengthening".  Under the             






Page:   1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011