DocketNumber： Docket No. 7464
Citation Numbers： 6 B.T.A. 1083
Judges： Littleton
Filed Date： 4/29/1927
Status： Precedential
Modified Date： 10/18/2024
Petitioner’s invested capital for 1918 should not have been reduced on account of the tentative tax computed upon the income for the year in determining the amount of current earnings available for the payment of dividends. Appeal of L. S. Ayers & Co., 1 B. T. A. 1135.
Judgment will T>e entered on 15 days' notice, under Rule 50.