Chevrolet Motor Co. v. United States

The Chevrolet Motor Company, a Delaware corporation, sues to recover $89,187.00 and interest thereon. The suit is predicated upon an alleged illegal assessment and exaction of capital-stock taxes made by the Commissioner of Internal Revenue upon the corporation’s tax return for the period July 1, 1920, to June 30, 1921.

The commissioner acted under section 1000 (a) of the revenue act of 1918 (40 Stat. 1057, 1126), which, in so far as pertinent, reads as follows:

“SectioN 1000 (a). That on and after July 1, 1918, in lieu of the tax imposed by the first subdivision of section 407 of the revenue…