International Tag Co. v. Commissioner

INTERNATIONAL TAG CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

International Tag Co. v. Commissioner

Docket No. 19587.

United States Board of Tax Appeals

18 B.T.A. 309; 1929 BTA LEXIS 2081;

November 21, 1929, Promulgated

Petitioner held not entitled to computation of its tax under section 328 of the Revenue Act of 1918.

Clarence N. Goodwin, Esq., for the petitioner.

G. S. Herr, Esq., for the respondent.

PHILLIPS

This proceeding results from respondent's determination of a deficiency in income and profits taxes for 1920 in the amount of $4,372.01, all of which is in controversy.…