Massachusetts Supreme Judicial Court February 5, 1973 (State Tax Commission v. M S F Leasing Corp.)

The State Tax Commission appeals from a decision of the Appellate Tax Board granting partial abate-ments to M S F Leasing Corp. (taxpayer) of its corporation excise for the years 1966, 1967, and 1968. The taxpayer is a domestic business corporation and a wholly owned subsidiary of the American Brush Company, Inc., a domestic manufacturing corporation.