At all times Arcadia was a person in the Federal Home Loan Bank and Government Offers and you will Financing Insurance rates Enterprise

At all times Arcadia was a person in the Federal Home Loan Bank and Government Offers and you will Financing Insurance rates Enterprise

Louis F. Oberdorfer, Asst. Atty. Gen., Lee A beneficial. Jackson, Harry Baum, Fred Age. Youngman and you will Morton Rothschild, Attys., Dept. out of Justice, Washington, D. C., having respondent.

Brand new Tax Courtroom of your own You rendered their choice redetermining deficiencies in income tax facing petitioner Arcadia Coupons and you may Loan Connection (hereinafter also known as “Arcadia”) towards many years 1954 and you will 1955 on particular quantities of $8, and $111,, and its own ounts of your own liabilities of your own kept individual petitioners just like the transferees of Arcadia, the brand new parties that have specified the transferees was basically accountable therefore when it comes to outstanding taxation owed and you may due by the Arcadia. Continue reading “At all times Arcadia was a person in the Federal Home Loan Bank and Government Offers and you will Financing Insurance rates Enterprise”