Carnie-Goudie Mfg. Co. v. Commissioner

CARNIE-GOUDIE MANUFACTURING COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Carnie-Goudie Mfg. Co. v. Commissioner

Docket Nos. 20074, 27095.

United States Board of Tax Appeals

24 B.T.A. 679; 1931 BTA LEXIS 1612;

November 6, 1931, Promulgated

Held, that a branch business capitalized and conducted by the petitioner was not a separate taxable entity in any of the taxable years.

Phil D. Morelock, Esq., for the petitioner.

L. A. Luce, Esq., for the respondent.

LANSDON

This proceeding was first heard on May 6, 1929. Findings of fact, opinion, and a decision under Rule 50 therein were…