THOMAS, District Judge.
This is a suit to recover $4,090.54 alleged to have been erroneously collected from the plaintiff as additional income taxes and interest, for the year 1923.
The question presented is whether plaintiff, a parent corporation, is entitled to deduct from its gross income the difference between $57,000, which represents the price paid for 927 shares of stock of Hartford Electric Steel Corporation, a subsidiary of the parent company, and...
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