United States Board of Tax Appeals April 14, 1925, Docket No. 1530. (Kenny Bros. Co. v. Commissioner)

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United States · · · 14-04-1925

*1020OPINION.

James :

The sole issue between the taxpayer and the Commissioner relates to the computation of invested capital resulting from the treatment of the so-called “ McKinley Stamp Business ” account carried on the books of the taxpayer.

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