American Ironing Machine Co. v. Commissioner
United States Board of Tax Appeals
An appeal does not lie to this Board from the rejection of a claim filed for the abatement of taxes reported on the tax return of the petitioner. Estate of Ballot,3 B.T.A. 583.
1Opinion of the Court
opinion.
Korner, Chairman:
Petitioner is a corporation with its principal office in Chicago, Ill. On March 11, 1921, it filed its return of income for the calendar year 1920, pursuant to the Revenue Act of 1918. On such return it reported income and profits taxes in the amount of $141,549.54. At or about the time of filing this tax return, the petitioner paid to the collector the first installment of the tax reported. This payment was in the amount of $35,387.38, and left a balance unpaid of the tax reported in its return of $106,162.16.
The Commissioner assessed the tax of $141,549.54, as shown…
2Cited by1 opinion
- American Ironing Machine Co. v. CommissionerUnited States Board of Tax Appeals · 1926