United States Board of Tax Appeals February 29, 1928, Docket No. 10118. (T. C. Tanke, Inc. v. Commissioner)

lead-opinion

*1113OPINION.

Milliken:

All the facts were stipulated and our findings of fact are in exact accord with the stipulation.

Since the stipulation presents no fact with, reference to respondent’s contention relative to reduction of invested capital by reason of unpaid income and profits taxes, we accordingly have no facts upon which to base a decision.