Democrat Publishing Co. v. Commissioner
United States Tax Court
Excess Profits Tax Relief Under Sec. 722 (b) (2) and (b) (5) -- Competition in the Newspaper Business. -- Petitioners, the publishers of daily newspapers at Davenport, Iowa, are not entitled to relief even if their base period earnings were less than they might have been but for the competition from a third daily paper which was published at Davenport during a portion of the base period, since such competition does not bring the case within section 722 (b) (2). Constitution…
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Excess Profits Tax Relief Under Sec. 722 (b) (2) and (b) (5) -- Competition in the Newspaper Business. -- Petitioners, the publishers of daily newspapers at Davenport, Iowa, are not entitled to relief even if their base period earnings were less than they might have been but for the competition from a third daily paper which was published at Davenport during a portion of the base period, since such competition does not bring the case within section 722 (b) (2). Constitution Publishing Co., 23 T. C. 19.
1Opinion of the Court
The Democrat Publishing Co., Petitioner, v. Commissioner of Internal Revenue, Respondent. The Times Company, Petitioner, v. Commissioner of Internal Revenue, Respondent
Democrat Publishing Co. v. Commissioner
Docket Nos. 32611, 32612
United States Tax Court
26 T.C. 377; 1956 U.S. Tax Ct. LEXIS 175;
May 31, 1956, Filed
Decisions will be entered for the respondent.
Excess Profits Tax Relief Under Sec. 722 (b) (2) and (b) (5) -- Competition in the Newspaper Business. -- Petitioners, the publishers of daily newspapers at Davenport, Iowa, are not entitled to relief even if their base period earnings were…
2Cases cited3 opinions
- Lamar Creamery Co. v. CommissionerUnited States Tax Court · 1947
- Constitution Publishing Co. v. CommissionerUnited States Tax Court · 1954
- Democrat Publishing Co. v. CommissionerUnited States Tax Court · 1956