Appeal of Wright Cake Co.

Board of Tax Appeals

Appeal of Wright Cake Co.

2 B.T.A. 58

CourtUnited States Board of Tax Appeals

DecidedJune 12, 1925

DocketDocket No. 1197

StatusPublished

Cited by1 cases

This text of 2 B.T.A. 58 (Appeal of Wright Cake Co.) is published on Counsel Stack Legal Research, covering United States Board of Tax Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Appeal of Wright Cake Co., 2 B.T.A. 58 (bta 1925).

Pincite

Opinion

[59]*59OPINION.

Lansdon:

In the light of the evidence the Board is of the opinion that the taxpayer and L. C. Wright Baking Co., Inc., constituted a business unit during the year 1918. Substantially all the stock of the two corporations was owned by the same interests. The determination of the Commissioner requiring the two corporations involved to; make a consolidated income and profits-tax return for the calendar year 1918 under the provisions of section 240 (b) of the Revenue Act of 1918, retroactive to January 1 of that year, is approved,

Free access — add to your briefcase to read the full text and ask questions with AI

[59]*59OPINION.

Lansdon:

In the light of the evidence the Board is of the opinion that the taxpayer and L. C. Wright Baking Co., Inc., constituted a business unit during the year 1918. Substantially all the stock of the two corporations was owned by the same interests. The determination of the Commissioner requiring the two corporations involved to; make a consolidated income and profits-tax return for the calendar year 1918 under the provisions of section 240 (b) of the Revenue Act of 1918, retroactive to January 1 of that year, is approved,

Cite This Page — Counsel Stack

Bluebook (online)

2 B.T.A. 58, Counsel Stack Legal Research, https://law.counselstack.com/opinion/appeal-of-wright-cake-co-bta-1925.

Opinion

Related

Cite This Page — Counsel Stack