RICHARDSON INVESTMENTS v. COMMR. OF INTERNAL REVENUE, 76 T.C. 736 (1981) RICHARDSON INVESTMENTS, INC., AND SUBSIDIARIES (FORMERLY KNOWN AS RICH FORDSALES, INC.), A NEW MEXICO CORPORATION, PETITIONER v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. No. 3261-79.United States Tax Court. Filed May 11, 1981. Petitioner, a Ford Motor Co. franchised dealer, maintained its inventory on the LIFO dollar-value, […]
