Commonwealth v. Erie Dry Goods Co.

Hargest, P. J.,

This case comes before us upon an appeal from the settlement, by the accounting officers, of a tax on corporate net income for the month of January 1937. A stipulation was filed to try the case without the intervention of a jury.

Facts

The facts have been agreed upon, and we state so much of them as are necessary to the discussion.

1. Defendant, a Pennsylvania corporation, is engaged in operating a department store in Erie, Pa., and filed its capital stock, corporate loans, and corporate net income tax reports with the Department of Revenue for the calendar year 1936.

2. Defendant…