Henry Glass & Co. v. Commissioner
United States Tax Court
Excess Profits Tax, Sec. 722. -- Held, that petitioner is not entitled to relief under section 722 (a), (b)(1), (b)(4), and (b)(5) for the taxable fiscal years ended June 30, 1941 to 1946, inclusive, or to the benefit of any carryover from the fiscal year ended June 30, 1940, based on a constructive average base period net income for those years.
1Opinion of the Court
Henry Glass & Co., Petitioner, v. Commissioner of Internal Revenue, Respondent
Henry Glass & Co. v. Commissioner
Docket No. 39257
United States Tax Court
34 T.C. 954; 1960 U.S. Tax Ct. LEXIS 77;
September 15, 1960, Filed
Decision will be entered for the respondent.
Excess Profits Tax, Sec. 722. -- Held, that petitioner is not entitled to relief under section 722 (a), (b)(1), (b)(4), and (b)(5) for the taxable fiscal years ended June 30, 1941 to 1946, inclusive, or to the benefit of any carryover from the fiscal year ended June 30, 1940, based on a constructive average base period net income for…
2Cases cited4 opinions
- Crowell-Collier Pub. Co. v. CommissionerUnited States Tax Court · 1956
- The Crowell-Collier Publishing Company v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1958
- Old Homestead Bread Co. v. CommissionerUnited States Tax Court · 1957
- Henry Glass & Co. v. CommissionerUnited States Tax Court · 1960