T.C. Memo. 1996-118 UNITED STATES TAX COURT MTS INTERNATIONAL, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent ROBERT C. HUGHES III, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket Nos. 2161-93, 2247-93.1 Filed March 12, 1996. Gary L. Goble, for petitioners. Frederick W. Krieg and D. Lyndell Pickett, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION COLVIN, Judge: Respondent determined deficiencies in petitioners’ Federal income tax and additions to tax as follows: 1 These cases were consolidated for purposes of trial, briefing, and opinion.Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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