Durst Productions Corp. v. Commissioner
United States Tax Court
New York State franchise tax on business corporations (article 9A of the Consolidated Laws of New York, secs. 208-219, as amended in 1944), under which computation of tax was based upon the business of the current fiscal year, and liability became fixed at that time, held properly accrued in that year, notwithstanding that the tax was not due until the following year. United States v. Anderson, 269 U.S. 422, 70 L. Ed. 347, 46 S. Ct. 131.
1Opinion of the Court
Durst Productions Corporation, Petitioner, v. Commissioner of Internal Revenue, Respondent
Durst Productions Corp. v. Commissioner
Docket No. 10867
United States Tax Court
8 T.C. 1326; 1947 U.S. Tax Ct. LEXIS 166;
June 27, 1947, Promulgated
Decision will be entered under Rule 50.
New York State franchise tax on business corporations (article 9A of the Consolidated Laws of New York, secs. 208-219, as amended in 1944), under which computation of tax was based upon the business of the current fiscal year, and liability became fixed at that time, held properly accrued in that year, notwithstanding that…
2Cases cited2 opinions
- United States v. AndersonSupreme Court of the United States · 1926
- Durst Productions Corp. v. CommissionerUnited States Tax Court · 1947