Wisconsin Box Co. v. Wisconsin Tax Commission

The Wisconsin Tax Commission assessed an additional income tax against the plaintiffs for the years 1916 to 1924, inclusive. The Wisconsin Box Company is a subsidiary of the Wausau Land Company, and for a number of years was permitted to make joint income tax reports to the Tax Commission and an income tax was assessed against them jointly. This appeal presents two questions: one' relates to a deduction claimed by the taxpayers for depreciation of a sawmill; and the other relates to a depletion charge for the cutting of timber, also claimed as a deduction by the taxpayers.

*441The income tax…