United States Board of Tax Appeals, 1926

Appeal of M. Fox & Sons Co.

United States Board of Tax Appeals · Decided July 21, 1926 · Green, Love, Marquette, Mokeis

4 B.T.A. 302

Cases that cite this one

1 later published case cites this decision.

M. Fox & Sons Co. v. Commissioner (United States Board of Tax Appeals 1926)

This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.

Opinion of the Court

OPINION.

GReen:

Section 327 of the Revenue Act of 1918 sets forth the cases in which the tax shall be determined as provided in section 328. There is no direct evidence that the Commissioner was able to determine the invested capital of the corporation, but it is obvious that he has done so. This eliminates paragraph (a) of section 327. Paragraphs (b) and (c) are inapplicable. Paragraph (d) relates to abnormalities affecting capital or income. We are unable to ascertain from the record the amount of invested capital allowed by *303the Commissioner and there is no evidence of any abnormality of either capital or income.

The deficiency is $8,052.17. Order will be entered accordingly.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.