Commonwealth v. Carheart Corp.

Opinion by

Me. Justtce Roberts,

This is an appeal from a judgment of the Commonwealth Court dismissing appellant’s petition for resettlement of franchise tax for the year 1958. The Commonwealth Court sustained the action of the Board of Finance and Revenue [Board] which approved the tax settlement as fixed by the Department of Revenue and Auditor General.

Appellant, a Delaware corporation, holds a Certificate of Authority “. . . to transact in the Commonwealth of Pennsylvania the business of to buy, sell and generally deal in and with real estate and to acquire, pur chase, own, hold, sell,…