Ray Consolidated Copper Co. v. United States

Booth, Judge,

delivered tlie opinion of the court:

This is a suit to recover the sum of $21,240.30 alleged to be due the plaintiff company because of an alleged íwenue tax assessed and collected by the Commissioner of Internal Revenue under the provisions of section 1000, Title X, of the revenue act of 1918 (40 Stat. 1126), which reads as follow's:

“Sec. 1000. (a) That on and "after Julyl, 1918, in lieu of the tax imposed by the first subdivision of section 407 of the Revenue Act of 1916—

“(1) Every domestic corporation shall pay annually a special excise tax with respect to carrying on or doing…