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Show Se like have, to and Mr. tion in stitute he send I When you the therefore, Browning both the post suit an acceptable At my last had computed proposed your tax views computations those and of Mr. I should Thatcher as to the acceptability of the computaperiod and also as to what would consettlement of the suit period. conference with Mr. Ekstrand he told me that the tax liability for the suit period at I do not $53,793. call correctly the have my entire tax originally file paid with me but if I rewas $76,490, which As I recall this compares favorably with included interest. the reasonable objectives we had in mind when you were here, with the exception that you were counting on interest being allowed on any refund that might be allowed for the suit period. Péeculiarly the Code as it is now written provides for interest on refunds for the suit period, but the statutory provisions on which the Code was based does not so provide. T do not have a copy of the Act before me but there is some Mr. HEkstrand claims that he has question about the matter. this issue involved in another case, in which he says that and in which the Chief Counsel has upheld his contentions, Mr. Ekstrand decide. to Court the ask likely will taxpayer the admits, ginal funds however, statutory made since that it provision October, is not whether 1935, entirely interest in respect clear under the ori- is barred on re- to sales made during the suit period, or whether it applies to refunds actually If you will examine the provisions allowed during that period. see just what the situation will you Code of the Act and the some further study as it matter the We intend to give is. to be decided with Mr. issues the doubtless will be one of to have your views in glad be course, I will, of Zimmerman. you intelligently write cannot I Unfortunately, the matter. the Act before me. having without on the subject at the moment This letter is extremely long but I hope it will give I am sending two you a picture of the present situation. Mr, Thatcher give to one have extra copies so that you may the rambforgive will you hope I and one for Mr. Browning. some diffiunder d dictate have I ling form of the letter which culties. With kind personal regards, Sincerely WGM/b Welt. yours, 1Meyke |
