Jerry Anderson, Inc. v. Commissioner
United States Tax Court
Excess Profits Tax -- Sec. 722 -- Constructive Average Base Period Net Income. -- The Commissioner concedes that the taxpayer qualifies for relief under section 722 (b) (1) and constructive average base period net income has been determined from the evidence.
1Opinion of the Court
OPINION.
MURDOCH, Judge:
This is a section 722 case. A jurisdictional question has been suggested by the parties. Apparently their only concern in this connection is a possible holding of this Court that Jerry Anderson, Inc., had no authority to file a petition on August 23, 1950. The corporation which was actually in existence during the base period years, which actually earned the income during the taxable years, which filed the applications for relief, and which filed the petition at Docket No. 30129, was named Faries Manufacturing Company until June 1948 when its name was changed to Jerry…
2Cases cited1 opinion
- Bond Crown & Cork Co. v. CommissionerUnited States Tax Court · 1952
3Cited by5 opinions
- Great Falls Bonding Agency, Inc. v. CommissionerUnited States Tax Court · 1974
- A. Finkl & Sons Co. v. CommissionerUnited States Tax Court · 1962
- A. Finkl & Sons Co. v. CommissionerUnited States Tax Court · 1962
- Great Falls Bonding Agency, Inc. v. CommissionerUnited States Tax Court · 1974
- Jerry Anderson, Inc. v. CommissionerUnited States Tax Court · 1958