Smith v. Commissioner

*516OPINION.

: The facts in this appeal are identical with the facts in the Appeal of John B. Nordholt, decided this day, ante, 509, and for the reasons set forth in the opinion in that appeal, the penalty involved herein should be reduced to 25 per cent of the tax. In all other respects the determination of the Commissioner is approved.

Order of redetermination will be entered on 15 days' notice, wider Rule 50.