C. F. Kettering, Inc. v. Evatt

This is an appeal by C. P. Kettering, Inc., a Delaware corporation, from a decision of the Board of Tax Appeals which affirmed corrected Ohio franchise taxes against appellant, computed by the appellee Tax Commissioner for the years 1938, 1939, 1940’and 1941, in the respective additional amounts of $5,858.23, $5,807.59, $5,875.41 and $5,759.45.

In making the redetermination of the franchise taxes, appellant’s investments within and without Ohio as returned by it were not disturbed, but the whole of appellant’s income, represented by dividends on shares of stock and including returns from…