Crowell-Collier Pub. Co. v. Commissioner
United States Tax Court
1. Petitioner, during the base period years 1936 to 1939, inclusive, was the publisher of four national magazines, namely, Collier's, Woman's Home Companion, The American Magazine, and Country Home. In each of the base period years the publication of Country Home showed a substantial loss. At the end of 1939, its publication was discontinued and a substantial saving in expenses of petitioner annually was achieved thereby.
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1. Petitioner, during the base period years 1936 to 1939, inclusive, was the publisher of four national magazines, namely, Collier's, Woman's Home Companion, The American Magazine, and Country Home. In each of the base period years the publication of Country Home showed a substantial loss. At the end of 1939, its publication was discontinued and a substantial saving in expenses of petitioner annually was achieved thereby. Held, the discontinuance by petitioner of publication of Country Home and the savings in expenses annually achieved thereby was a change in the character of petitioner's…
1Opinion of the Court
The Crowell-Collier Publishing Company, Petitioner, v. Commissioner of Internal Revenue, Respondent
Crowell-Collier Pub. Co. v. Commissioner
Docket No. 40202
United States Tax Court
25 T.C. 1268; 1956 U.S. Tax Ct. LEXIS 236;
March 19, 1956, Filed *
Decision will be entered under Rule 50.
1. Petitioner, during the base period years 1936 to 1939, inclusive, was the publisher of four national magazines, namely, Collier's, Woman's Home Companion, The American Magazine, and Country Home. In each of the base period years the publication of Country Home showed a substantial loss. At the end of 1939, its…
2Cases cited12 opinions
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