Becton, Dickinson & Co. v. Commissioner

Third Circuit

Becton, Dickinson & Co. v. Commissioner

134 F.2d 354, 30 A.F.T.R. (P-H) 1131, 1943 U.S. App. LEXIS 3561

Court of Appeals for the Third Circuit·Decided February 24, 1943·No. No. 8241·Published·Cited by 3 cases

Opinion

PER CURIAM.

The sole question which was before the Board of Tax Appeals in this proceeding was whether the petitioner was availed of during the taxable year for the purpose of preventing the imposition of surtaxes on its shareholders within the meaning of Section 102(a) of the Revenue Act of 1938, 26 U.S.C.A. Int.Rev.Code, § 102(a). This was solely a question of fact (Helvering v. National Grocery Co., 304 U.S. 282, 58 S.Ct. 932, 82 L.Ed. 1346) which the Board resolved against the petitioner. Its finding was amply supported by the evidence as its memorandum opinion amply demonstrates.

The decision of the Board is accordingly affirmed.

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PER CURIAM.

The sole question which was before the Board of Tax Appeals in this proceeding was whether the petitioner was availed of during the taxable year for the purpose of preventing the imposition of surtaxes on its shareholders within the meaning of Section 102(a) of the Revenue Act of 1938, 26 U.S.C.A. Int.Rev.Code, § 102(a). This was solely a question of fact (Helvering v. National Grocery Co., 304 U.S. 282, 58 S.Ct. 932, 82 L.Ed. 1346) which the Board resolved against the petitioner. Its finding was amply supported by the evidence as its memorandum opinion amply demonstrates.

The decision of the Board is accordingly affirmed.

Becton, Dickinson & Co. v. Commissioner, 134 F.2d 354, 30 A.F.T.R. (P-H) 1131, 1943 U.S. App. LEXIS 3561 (3d Cir. 1943).

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Opinion

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