A--C Inv. Asso. v. Commissioner

A-C INVESTMENT ASSOCIATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

A--C Inv. Asso. v. Commissioner

Docket Nos. 43192, 49682.

United States Board of Tax Appeals

24 B.T.A. 582; 1931 BTA LEXIS 1618;

November 4, 1931, Promulgated

Held that the petitioning organization was an association taxable as a corporation.

John C. White, Esq., for the petitioner.

M. M. Mahany, Esq., and E. L. Updike, Esq., for the respondent.

VAN FOSSAN

These proceedings, which were consolidated for hearing and report, were brought for the redetermination of deficiencies in income taxes for the years 1921 to…