Reading Co. v. United States

LITTLETON, Judge.

For the fiscal year ended June 30, 1945, plaintiff was required to file a capital stock tax return on or before July 31, 1945, and to pay the capital stock tax shown to be due thereon upon the basis of the value declared by plaintiff for its capital stock at the rate of $1.25 on each $1,000 of declared value. As shown in finding 2, plaintiff requested of the Collector of Internal Revenue an extension of time for the filing of its capital stock tax return until September 29, 1945, due to the fact that final decision had not been made concerning certain phases of the…