CELON CO. v. DEPARTMENT OF TAXATION


269 Wis. 372 (1955)

CELON COMPANY, Appellant, vs. DEPARTMENT OF TAXATION, Respondent.

Supreme Court of Wisconsin.

April 5, 1955.


Attorney(s) appearing for the Case

The cause was submitted for the appellant on the briefs of Rieser, Mathys, McNamara & Stafford of Madison, and for the respondent on the briefs of the Attorney General and Harold H. Persons, assistant attorney general.

A brief was filed by Fairchild, Charne & Kops of Milwaukee, as amicus curiae.


BROADFOOT, J.

The additional assessment embraced items reported in petitioner's income-tax returns for the fiscal years ending June 30th of each of the years 1947 to 1949, inclusive. Apparently, however, the items for the years 1947 and 1948 have been adjusted and the sole question presented on this appeal is as to the method of accounting to be employed in determining the Wisconsin income of the petitioner for the fiscal year ending June 30, 1949.

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