O. H. Ingram Co. v. Wisconsin Tax Commission

The following opinion was filed June 11, 1930:

Owen, J.

On March 29, 1926, the Tax Commission caused an audit to be made by one of its auditors of the books of the plaintiff for the years 1916-1924, inclusive, which resulted in the imposition by the Tax Commission of an additional income tax upon the plaintiff for said years. A large portion of the assets of said O. H. Ingram Company consisted of stocks of other corporations, a number of which were lumber corporations, and from which the plaintiff received liquidating dividends during the years 1916 to 1924. Upon the re-audit of March 29, 1926,…