LITTLETON, Judge.
The A-1 Oil & Gas Company, a Kansas corporation, filed its completed income and profits tax return for the calendar year 1919 on May 14, 1920, disclosing a tax liability of $3,740, which was duly paid.
During 1920 the Magna Oil & Refining Company acquired the entire capital stock of the A-1 Oil & Gas Company and in 1922 received all its assets as a liquidating dividend. On October 5, 1922, the original taxpayer was dissolved....
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