Seatrain Lines v. Commissioner

SEATRAIN LINES, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Seatrain Lines v. Commissioner

Docket No. 102561.

United States Board of Tax Appeals

46 B.T.A. 1076; 1942 BTA LEXIS 779;

May 6, 1942, Promulgated

The tax imposed by article XV of the Cuban Law of July 6, 1928, amending Military Order No. 463 of 1900, on gross income obtained for freight and passengers shipped in national ports of Cuba, is an income tax and may be claimed as a credit under section 131(a)(1) of the Revenue Act of 1936.

H. Maurice Fridlund, Esq., and James Ragan Roberts, Esq., for the petitioner.

Ellyne…