Flotill Products, Inc. v. Commissioner
United States Tax Court
1. Flotill Products, Incorporated, Docket No. 31942. -- Constructive average base period net income determined under section 722 (b) (4), I. R. C. 1939. 2. Flotill Sales Corporation, Docket No. 32302. -- Petitioner held not qualified for relief under section 722 (c) where it was in existence prior to January 1, 1940.
1Opinion of the Court
Flotill Products, Incorporated, Petitioner, v. Commissioner of Internal Revenue, Respondent. Flotill Sales Corporation, Petitioner, v. Commissioner of Internal Revenue, Respondent
Flotill Products, Inc. v. Commissioner
Docket Nos. 31942, 32302
United States Tax Court
26 T.C. 222; 1956 U.S. Tax Ct. LEXIS 204;
April 30, 1956, Filed
Decision will be entered under Rule 50 in Docket No. 31942.
Decision will be entered for the respondent in Docket No. 32302.
1. Flotill Products, Incorporated, Docket No. 31942. -- Constructive average base period net income determined under section 722 (b) (4), I. R. C.…
Also in this document: Dissent.
2Cases cited2 opinions
- Eveready Loan Co. v. CommissionerUnited States Tax Court · 1943
- Flotill Products, Inc. v. CommissionerUnited States Tax Court · 1956