LEWIS A. CROSSETT CO. v. UNITED STATES.

No. J-580.

50 F.2d 292 (1931)

LEWIS A. CROSSETT CO. v. UNITED STATES.

Court of Claims.

June 1, 1931.


Attorney(s) appearing for the Case

Donald Horne, of Washington, D. C., for plaintiff.

G. H. Foster, of Washington, D. C., with whom was Chas. B. Rugg, Asst. Atty. Gen., for defendant.

Before BOOTH, Chief Justice, and WHALEY, LITTLETON, GREEN, and WILLIAMS, Judges.


This is a suit to recover an alleged overpayment of income and excess profits taxes for the fiscal year ended March 31, 1920. The plaintiff claims the Commissioner of Internal Revenue erred in the computation of its invested capital for the year, in refusing to include therein certain sums for good will.

Two issues are presented for determination: (1) The correctness of the Commissioner's action in excluding from plaintiff's invested capital the amount claimed for...

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