Union Carbide Corporation and Subsidiaries - Page 2

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               and UCFSC in order for petitioner to claim additional                   
               FSC commission expenses for the years in dispute.                       
                    2.  Held, further, sec. 1.925(a)-1T(e)(4),                         
               Temporary Income Tax Regs., supra, is valid.                            

               Thomas M. Haderlein, James M. O'Brien, Jeffrey M. O'Donnell,            
          Tamara L. Frantzan, and Jerry L. Robinson, for petitioner.                   
               Steven R. Winningham and Joseph F. Long, for respondent.                


                                       OPINION                                         
               NIMS, Judge:  This matter is before the Court on                        
          petitioner's motion and respondent's cross-motion for partial                
          summary judgment filed pursuant to Rule 121.                                 
               Unless otherwise indicated, all section references are to               
          sections of the Internal Revenue Code in effect for the years at             
          issue.  All Rule references are to the Tax Court Rules of                    
          Practice and Procedure.                                                      
               Respondent determined deficiencies in the Federal income                
          taxes of petitioner for its taxable years ending December 31,                
          1987, 1988, and 1989 as follows:                                             
                    Year                       Deficiency                              
                    1987                      $387,887                                 
                    1988                      24,156,481                               
                    1989                      32,903,323                               
               The issues for decision are:  (1) Whether petitioner can                
          claim additional foreign sales corporation (FSC) commission                  
          expenses pursuant to section 1.925(a)-1T(e)(4), Temporary Income             





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