T.C. Memo. 2004-118 UNITED STATES TAX COURT PDV AMERICA, INC. AND SUBSIDIARIES, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent PDV HOLDING, INC. AND SUBSIDIARIES, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket Nos. 12124-02, 12125-02. Filed May 12, 2004. Lisa M. Cipriano, Michael A. Clark, and Kevin R. Pryor, for petitioners. C. Glenn McLoughlin, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION MARVEL, Judge: Respondent determined deficiencies with respect to petitioners’ income tax as follows: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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