Haggar Co. v. Helvering, Com'r of Internal Revenue

Decision in this case turns on 'the question whether a capital stock tax return filed pursuant to § 215 of the National Industrial Recovery Act of 1933, 48 Stat. 195, 207, may be amended within the time fixed for filing the retijiB.

Sections ^i5 and 216 of the National Industrial Recovery Act impose interrelated taxes on domestic corporations, namely an annual capital stock tax- and an annual tax on profits in excess of 12% per cent of the capital stock, calculated on the basis of the value of the capital stock as'fixed by the corporation’s return for the first year in which the tax is imposed.