Rio Farms, Inc. v. Scofield

RICE, Chief Judge.

Findings of Fact

1

This is a suit by Rio Farms, Inc., to recover the capital stock taxes paid pursuant to Section 1200(a) of the Internal Revenue Code, 26 U.S.C.A. § 1200(a), together with interest on the sums hereafter found from November 18, 1947, the years involved being 1942, 1943, 1944, and 1945. It was stipulated by the parties, and I so find, that there was no tax for the years 1942 and 1943; that $11,968.08, which is tax plus statutory interest for the year 1944, was paid; that the sum of $12,085.65, which was tax plus statutory interest for the year 1945, was paid.

2

The…