United States Board of Tax Appeals October 12, 1925, Docket No. 1170. (Hub Shoe Co. v. Commissioner)

APPEAL OF HUB SHOE CO. Hub Shoe Co. v. Commissioner Docket No. 1170. United States Board of Tax Appeals 2 B.T.A. 836; 1925 BTA LEXIS 2249; October 12, 1925, Decided Submitted April 9, 1925. *2249 When a business conducted by a corporation is continued after its charter expires by limitation, the income is not taxable to the corporation, which has no existence either de jure or de facto. Edwin C.