Koppers Company v. United States

MARSH, District Judge.

This is an action for recovery of federal income taxes and interest in the amount of $25,089.41, paid by Koppers Company, Inc. (Koppers) as transferee of National Wood Treating Corporation (National) with respect to National’s fiscal year ended April 30, 1956, together with interest according to law. (Pretrial stipulation, If I.)

In our opinion, the plaintiff is entitled to a recovery.

The parties agreed upon the following factual issue to be litigated: Whether National, after the acquisition of its stock by Koppers in July, 1955, continued to carry on a trade or business…