Lantz Bros. v. Commissioner

Lantz Brothers (Partnership), Petitioner, v. Commissioner of Internal Revenue, Respondent

Lantz Bros. v. Commissioner

Docket No. 112452

United States Tax Court

5 T.C. 896; 1945 U.S. Tax Ct. LEXIS 63;

October 12, 1945, Promulgated

Decision will be entered under Rule 50.

Held, a partnership is not a taxable entity for purposes of the unjust enrichment tax, Title III, Revenue Act of 1936.

E. W. Wallick, Esq., for the petitioner.

Lawrence R. Bloomenthal, Esq., for the respondent.

Van Fossan, Judge. Harron, J., concurring. Smith, J., agrees with the concurring opinion.

VAN FOSSAN

OPINION.

This proceeding…