The Commissioner determined a deficiency in excess profits tax in the amount of $45,162.66 for the calendar year 1941. Petitioner contests this determination and claims it is entitled to a refund of excess profits tax in the amount of $1,983.97.
The question presented is whether petitioner and Cheney Brothers constituted an "affiliated group" as defined in section 730 (d) of the Internal Revenue Code during the period March 30 to December 31, 1941, and, as such, were...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.