Wayne Body Corp. v. Commissioner

OPINION.

Black:

Findings of fact and opinion were promulgated in this proceeding Februarjr 27, 1931, and therein it was found that petitioner had received from the transferor corporation property of a greater net value than the amount of the taxes involved in the proceeding and in the opinion it was found that petitioner was a transferee of the transferor corporation which owed the tax and was liable for the taxes due by said transferor corporation for the year 1917. The opinion directed that decision should be entered under Rule 50 of the Board’s rules of practice.

On April 21, 1931, petitioner…