HERMETIC SEAL PRODUCTS COMPANY v. RENEGOTIATION BOARD, 41 T.C. 223 (1963) HERMETIC SEAL PRODUCTS COMPANY, P.R., PETITIONER, v. RENEGOTIATION BOARD,RESPONDENT Docket Nos. 961-R, 962-R.United States Tax Court. Filed November 15, 1963. Held, petitioner is not exempt from the provisions of the Renegotiation Act of 1951 merely because it is a Puerto Rican corporation and maintained […]