Lucas v. Hunt

BRYAN, Circuit Judge.

The Board of Tax Appeals, in a decision which the Commissioner of Internal Revenue brings here for review, held that an assessment for income and excess profit taxes for the year ending March 31, 1919, against J. C. Hunt, as a transferee of the assets of a taxpayer, the Burkburnett Refining Company, under section 280 of the Revenue Act of 1926, 44 Stat. 61 (26 USCA § 1069), was barred by the státute of limitations. 15 B. T. A. 1388.

The Burkburnett Refining Company, a Texas corporation, filed its return in August, 1919, and was dissolved in 1921 under a statute which…