137 F.2d 674 | D.C. Cir. | 1943
One question here is whether petitioner is entitled to deduct from its gross receipts, in order to determine its “gross earnings” in 1939 and 1940 for purposes of taxation,
We think petitioner is entitled to this deduction. In District of Columbia v. Georgetown Gas Light Co.,
The gross earnings tax has now been replaced, under an Act of July 26,
The Board of Tax Appeals for the District decided both questions in favor of respondent. The Board’s action is therefore reversed as to the first question and affirmed as to the second question.
Affirmed in part, reversed in part.
District of Columbia tax law of July 1, 1902, 32 Stat. 619, D.C.Code 1929, T. 20, § 760.
45 App.D.C. 63, 72.
45 App.D.C. 78, certiorari denied 241 U.S. 676, 36 S.Ct. 725, 60 L.Ed. 1232.
53 Stat. 1107, D.C.Code 1940, § 47— 1701.
142 U.S. 339, 12 S.Ct. 250, 35 L.Ed. 1035.