Aviation Club of Utah v. Commissioner of Internal Rev.

MURRAH, Circuit Judge.

By this appeal, we are asked to review the holding of the Tax Court to the effect that the Aviation Club of Utah was not in the years 1942 and 1943 exempt from income taxes under Section 101(9), Title 26 U.S.C.A. Internal Revenue Code, as a club “organized and operated exclusively for pleasure, recreation, and other nonprofitable purposes, no part of the net earnings of which inures to the benefit of any private shareholder.” The Commissioner determined that the extraordinary revenue realized from the operation of the Club during the years 1941, 1942 and 1943, took it…