Medieval Attractions N.V - Page 5

                                        - 5 -                                         

                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
               COHEN, Chief Judge:  Respondent determined deficiencies and            
          additions to tax and penalties in petitioners’ Federal income               
          taxes as follows:                                                           
                                 Docket No. 20532-91                                  
          Tax                                Additions to Tax                         
          Year                    Sec.            Sec.               Sec.             
          Ended      Deficiency   6653(a)(1)(A)   6653(a)(1)(B)      6661             
          11/30/87    $929,752       $46,488      50% of           $185,950           
          interest due                                                                
                                                  on $929,752                         
                                 Docket No. 20533-91                                  
          Tax                                Additions to Tax                         
          Year                    Sec.            Sec.               Sec.             
          Ended      Deficiency   6653(a)(1)(A)   6653(a)(1)(B)      6661             
          11/30/87    $929,752       $46,488      50% of           $185,950           
          interest due                                                                
          on $929,752                                                                 
                                 Docket No. 20534-91                                  
          Tax                                Additions to Tax                         
          Year                    Sec.            Sec.               Sec.             
          Ended      Deficiency   6653(a)(1)(A)   6653(a)(1)(B)      6661             
          11/30/87    $929,752       $46,488      50% of           $185,950           
          interest due                                                                
          on $929,752                                                                 
                                 Docket No. 20535-91                                  
                    Year                          Deficiency                          
                    1987                          $21,600                             
                                 Docket No. 20537-91                                  
                    Year                          Deficiency                          
                    1987                          $21,600                             



Page:  Previous  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