Chatham Corp. v. State Tax Commission

This is an appeal pursuant to G. L. c. 58A, § 13, from a decision of the Appellate Tax Board affirming the refusal of the State Tax Commission to abate a corporate excise assessed against Chat-ham under G. L. c. 63, § 32, for its taxable year beginning July 1,1965.

We set forth the facts. Chatham was incorporated in 1950 under the name The Beacon Company, Inc. The company was a full scale classified manufacturing corporation in the business of making and distributing household cleaning products. In February, 1965, negotiations commenced for the bulk sale of substantially all of Beacon’s…