Uniform Printing & Supply Co. v. Commissioner of Internal Revenue

EVANS, Circuit Judge.

The issue here involved is the validity of the $16,319.42 income tax assessment levied against petitioner by the Commissioner for the year 1930 and sustained by the Board of Tax Appeals. The Commissioner’s inclusion of an item of $128,943.46 as taxable income constitutes the basis of the taxpayer’s protest against the assessment.

The Facts: The taxpayer is an Illinois corporation engaged principally in printing forms, etc., for insurance companies. These companies were endeavoring to secure greater uniformity in documents in wide and common use by their agents and as a…