United States Board of Tax Appeals December 14, 1939, Docket Nos. 86450, 86453. (Anheuser-Busch, Inc. v. Commissioner)

lead-opinion

*1105OPINION.

Oppee :

It is assumed by the parties that the agreement between Anheuser-Busch (petitioner) and Borden contained a “plan of reorganization” within the meaning of section 112 (i) (1) (A) of the Revenue Act of 1928. John A. Nelson Co. v. Helvering, 296 U. S. 374; see Groman v. Commissioner, 302 U. S. 82; but cf. Bus & Transport Securities Corporation v. Helvering, 296 U.