Thomson Electric Welding Co. v. Commonwealth

This is a petition for the abatement of an excise assessed upon a domestic corporation for the privilege of transacting business as a corporation within and under the protection of this Commonwealth. It is based upon the contention that so much of the petitioner’s income- as was derived from royalties received from patents granted by the United States could not under the Federal Constitution be considered in computing the net income by which the excise was in part measured. The respondent demurred. The case was reserved upon the pleadings. All facts well pleaded in the petition must be taken…