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Summarize the case Nicholls, North, Buse Co. v. Commissioner, United States Tax Court, 1971. 56 T.C. 1225 Using this format below: Issues Facts Law and

Summarize the case Nicholls, North, Buse Co. v. Commissioner, United States Tax Court, 1971.

56 T.C. 1225

Using this format below:

Issues

Facts

Law and Analysis(Reg/Rulings used)

Holdings

Limitations

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