Suburban Title & Investment Corporation v. District of Columbia

During the tax year 1948 petitioner, a Delaware corporation doing a title insurance business, had its statutory office in Delaware and its principal office in the District of Columbia. It had no other offices. The Board of Tax Appeals found without dispute that petitioner did nothing outside the District “with the exception of the work of searching titles, which was conducted in the court houses at the county seats of the counties in which the land involved was situated. Its title records, except those currently in use in the county seats, were kept in Washington, as were also its books of…