BY THE COURT.
Under the provisions of Section 5414-2, General Code, the shares of stockholders in an incorporated dealer in intangibles must be listed and assessed at their fair value. In the valuation of such shares it is necessary to determine the net value of accounts receivable, and to that end the amount of future losses must be computed and deducted from the total amount of accounts receivable.
The taxpayer claims that the commissioner erred in his computation...
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