Ward Bros. Co. v. Commissioner

WARD BROTHERS COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Ward Bros. Co. v. Commissioner

Docket No. 30992.

United States Board of Tax Appeals

24 B.T.A. 989; 1931 BTA LEXIS 1548;

November 30, 1931, Promulgated

Held, that respondent has not established that petitioner was liable as a transferee.

Leon F. Cooper, Esq., and Raymond F. Garrity, Esq., for the petitioner.

E. A. Tonjes, Esq., for the respondent.

VAN FOSSAN

This proceeding was brought to redetermine the liability of the petitioner as transferee for a deficiency in income and profits taxes assessed against the Krug…