BURLINGTON GAZETTE CO. v. COMMISSIONER OF INTERNAL REV.

No. 10006.

75 F.2d 577 (1935)

BURLINGTON GAZETTE CO. v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Eighth Circuit.

Rehearing Denied February 18, 1935.


Attorney(s) appearing for the Case

Arnold L. Guesmer, of Minneapolis, Minn., for petitioner.

L. W. Post, Sp. Asst. to Atty. Gen. (Frank J. Wideman, Asst. Atty. Gen., and Sewall Key and Ellis N. Slack, Sp. Assts. to Atty. Gen., on the brief), for respondent.

Before SANBORN, WOODROUGH, and BOOTH, Circuit Judges.


WOODROUGH, Circuit Judge.

This is an appeal from a decision of the Board of Tax Appeals (opinion unreported) determining deficiencies in the petitioner's income taxes for the calendar years 1928, 1929, and 1930 in the amounts of $312.85, $867.10, and $1,162.89, respectively.

Briefly the facts are as follows: The petitioner is an Iowa corporation organized late in 1920. On January 1, 1921, it took over certain assets...

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