Rest Haven-Chestnut Hill, Inc. v. Commonwealth

Opinion by

Judge Di-Salle,

These are appeals by Rest Haven-Chestnut Hill, Inc. (Rest Haven) from the orders of the Board of Finance and Revenue sustaining the original settlements of its capital stock tax for the fiscal year ending March 31, 1972, at $3,000, and for the fiscal year ending March 31, 1973, at $3,500. By order of this Court dated September 28, 1977, the appeals were consolidated for purposes of trial and argument.

Rest Haven had filed its Capital Stock Tax Reports for fiscal years 1972 and 1973 self-appraising *117the value of its capital stock at $170,000 and $120,000 respectively.…