Chloé Eichelberger Textiles, Inc. v. Commonwealth

NARICK, Senior Judge.

Chloé Eichelberger Textiles, Inc. (CETI) appeals from the order of the Board of Finance and Revenue (Board) that affirmed the denial by the Department of Revenue (Department) of CETI’s claim of Pennsylvania S Corporation Status for 1987. We affirm.

CETI was incorporated under the laws of the Commonwealth of Pennsylvania on September 24, 1987. On September 28, 1987, CETI’s president and sole shareholder filed a Federal Form 2553 “Election by a Small Business Corporation,” which was mailed to the Internal Revenue Service (IRS). Not having received confirmation of receipt,…