Pennsylvania Power & Light Company and Subsidiary Companies v. The United States

OPINION

PER CURIAM * :

This is a timely suit for recovery of Federal income taxes paid by plaintiff Pennsylvania Power & Light Company on its separate corporation returns for the calendar years 1951, 1952, and 1953, and paid by such plaintiff and its subsidiaries on their consolidated returns for the calendar years 1954 and 1955. The aggregate recovery sought is $761,414.04, plus statutory interest. Except as the context indicates otherwise, the singular term “taxpayer” is used to refer to such plaintiff and its subsidiaries.

Taxpayer is and was a Pennsylvania corporation engaged in the…