M. Lowenstein & Sons, Inc. v. South Carolina Tax Commission

This appeal is from an order of the lower court affirming the disallowance by respondent South Carolina Tax Commission of deductions from appellant’s South Carolina income tax for bad debt losses and for expenses by way of sales commissions. The additional taxes and interest resulting from the denial of these deductions were paid under protest and this action was brought to recover the amounts so paid. We are convinced that the findings and conclusions of the trial judge are proper. The judgment under appeal is accordingly affirmed. Let the order of the trial judge, with modifications, be…