Case Name: California Vegetable Union, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1926-12-14
Citations: 5 B.T.A. 795
Docket Number: Docket No. 5209
Parties: California Vegetable Union, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 5
Pages: 795–796

Head Matter:
California Vegetable Union, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 5209.
Promulgated December 14, 1926.
E. E. Tooley, G. P. A., for the petitioner.
George E. Adams, Esq., for the respondent.

Opinion:
OPINION.
Morris:
There is no evidence to sustain any of the allegations of fact made by the petitioner. The Commissioner's determination will therefore have to be sustained. As to the proposition of law relative to reduction of invested capital because of taxes for the preceding taxable period, Congress has definitely settled any question in this regard by section 1207 of the Revenue Act of 1926. See Russel Wheel & Foundry Co., 3 B. T. A. 1168.
Judgment will be entered for the Commissioner.