Apartment Corp. v. Commissioner
United States Board of Tax Appeals
For 1922 and subsequent years, corporations which are affiliated may file separate or consolidated returns. A consolidated return must include all affiliated corporations. Any one of such corporations may file a separate return, in which event the remaining corporations may not file a consolidated return of their income but must file separate returns.
1Opinion of the Court
APARTMENT CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Apartment Corp. v. Commissioner
Docket Nos. 29140, 26571.
United States Board of Tax Appeals
17 B.T.A. 876; 1929 BTA LEXIS 2226;
October 11, 1929, Promulgated
For 1922 and subsequent years, corporations which are affiliated may file separate or consolidated returns. A consolidated return must include all affiliated corporations. Any one of such corporations may file a separate return, in which event the remaining corporations may not file a consolidated return of their income but must file separate returns.
Theodore…
2Cases cited1 opinion
- Apartment Corp. v. CommissionerUnited States Board of Tax Appeals · 1929