J. B. Mosby & Co. v. Commissioner

Board of Tax Appeals

J. B. Mosby & Co. v. Commissioner

6 B.T.A. 722, 1927 BTA LEXIS 3421

United States Board of Tax Appeals·Decided April 6, 1927·No. Docket No. 2781.·Published·Cited by 1 cases

Opinion

[724] OPINION.

Lansdon :

The evidence is conclusive that substantially all of the stock of the petitioner and of the Richmond Holding Corporation was owned or controlled by closely affiliated interests. The two corporations were entitled to make a consolidated return for the taxable period and each of the taxable years in question. Appeal of Midland Refining Co., 2 B. T. A. 292; Appeal of Wright Cake Co., 2 B. T. A. 58.

Judgment for the petitioner will he entered on 10 days’ notice, under Rule 50.

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

[724] OPINION.

Lansdon :

The evidence is conclusive that substantially all of the stock of the petitioner and of the Richmond Holding Corporation was owned or controlled by closely affiliated interests. The two corporations were entitled to make a consolidated return for the taxable period and each of the taxable years in question. Appeal of Midland Refining Co., 2 B. T. A. 292; Appeal of Wright Cake Co., 2 B. T. A. 58.

Judgment for the petitioner will he entered on 10 days’ notice, under Rule 50.

J. B. Mosby & Co. v. Commissioner, 6 B.T.A. 722, 1927 BTA LEXIS 3421 (bta 1927).

Pincite

6 B.T.A. 722 (J. B. Mosby & Co. v. Commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Opinion

Related