SPARKS, Circuit Judge.
The Commissioner petitions for review of a decision of the Board of Tax Appeals allowing a deduction for worthless debt from the income tax of respondent for the year 1929, contending that the debt for which the deduction was allowed was neither ascertained to be worthless in the taxable year nor properly charged off.
The MacDonald Engineering Company of California, hereinafter referred to as the California Company, is a wholly owned...
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