Huntington Beach, Inc. v. Commissioner
United States Board of Tax Appeals
AFFILIATED CORPORATIONS - BINDING EFFECT OF ELECTION TO FILE SEPARAGE RETURNS. - In 1927 three corporations were affiliated and elected to file separate returns. In January 1928 another corporation came into the affiliation. Held, the four corporations were not entitled to file consolidated returns for the year 1928, not having obtained the permission of the Commissioner so to do.
1Opinion of the Court
HUNTINGTON BEACH, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
DONBERRY CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Huntington Beach, Inc. v. Commissioner
Docket Nos. 59239, 59240.
United States Board of Tax Appeals
30 B.T.A. 731; 1934 BTA LEXIS 1280;
May 16, 1934, Promulgated
AFFILIATED CORPORATIONS - BINDING EFFECT OF ELECTION TO FILE SEPARAGE RETURNS. - In 1927 three corporations were affiliated and elected to file separate returns. In January 1928 another corporation came into the affiliation. Held, the four corporations were not entitled to…
2Cases cited1 opinion
- Huntington Beach, Inc. v. CommissionerUnited States Board of Tax Appeals · 1934