Huntington Beach, Inc. v. Commissioner
United States Board of Tax Appeals
AFFILIATED CORPORATIONS - BINDING EFFECT OF ELECTION TO FILE SEPARAGE RETURNS. - In 1927 three corporations were affiliated and elected to file separate returns. In January 1928 another corporation came into the affiliation. Held, the four corporations were not entitled to file consolidated returns for the year 1928, not having obtained the permission of the Commissioner so to do.
1Opinion of the Court
OPINION.
Black:
These proceedings are for the redetermination of deficiencies in income tax for 1928 of $2,249.56 in the case of Huntington Beach, Inc., and $10,698.71 in the case of the Donberry Corporation. The petitions allege that the respondent erred in computing the tax liabilities of the petitioners upon the basis of separate returns instead of on the basis of a consolidated return as filed by the petitioners.
The facts were stipulated as follows:
1. That during tiie year 1927 petitioners were members of an affiliated group, wliicb was composed of tlie following corporations:
Donberry…
2Cases cited9 opinions
- Rock Island, Arkansas & Louisiana Railroad v. United StatesSupreme Court of the United States · 1920
- Albert Leon & Son, Inc. v. CommissionerUnited States Board of Tax Appeals · 1933
- Fontana Union Water Co. v. CommissionerUnited States Board of Tax Appeals · 1931
- Imperial Assurance Co. v. CommissionerUnited States Board of Tax Appeals · 1930
- Southern Power Co. v. CommissionerUnited States Board of Tax Appeals · 1929
4 more not listed; retrieve them via the Exa API.
3Cited by6 opinions
- Smith Paper Co. v. CommissionerUnited States Board of Tax Appeals · 1934
- Braden Steel Corp. v. CommissionerUnited States Board of Tax Appeals · 1934
- Braden Steel Corp. v. CommissionerUnited States Board of Tax Appeals · 1934
- Fletcher American Nat'l Bank v. CommissionerUnited States Board of Tax Appeals · 1935
- Huntington Beach, Inc. v. CommissionerUnited States Board of Tax Appeals · 1934
1 more not listed; retrieve them via the Exa API.