Texas Pipe Line Co. v. Commissioner of Internal Revenue

THOMPSON, Circuit Judge.

This is a petition for review of a decision of the Board of Tax Appeals. The Texas Pipe Line Company, hereinafter called the petitioner, is one of a number of corporations which filed consolidated income tax returns. By an allocation agreement which was accepted by the Commissioner, the income tax of the affiliated group and all deficiencies were allocated to the petitioner.

The Texas Company of Texas, hereinafter called Texas and the Texas Company of Delaware,' hereinafter called Delaware, together with the petitioner and others not named, are the subsidiaries of the…