Acf Industries, Incorporated v. District of Columbia

DANAHER, Circuit Judge:

The District of Columbia Tax Court on November 23, 1966 entered its decision vacating and setting aside its earlier decision in favor of the taxpayer and determined that a franchise tax for the fiscal year ended April 30, 1960 in the amount of $8,986.25, with interest, had been validly assessed against and collected from ACF Industries, Incorporated. The taxpayer has here contended that in light of the findings and the opinion of the Tax Court it has become clear that the Tax Court had erroneously interpreted, after hearing on remand, the guidelines set forth in the…