Case Name: Appeal of WRIGHT CAKE CO.
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-06-12
Citations: 2 B.T.A. 58
Docket Number: Docket No. 1197
Parties: Appeal of WRIGHT CAKE CO.
Judges: Before Steeni-iagen, LaNsdoN, GeeeN, and Love.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 2
Pages: 58–59

Head Matter:
Appeal of WRIGHT CAKE CO.
Docket No. 1197.
Submitted May 6, 1925.
Decided June 12, 1925.
.Irving Zion, Esq., for the taxpayer.
P. 8. Crewe, Esq., for the Commissioner.
Before Steeni-iagen, LaNsdoN, GeeeN, and Love.

Opinion:
OPINION.
Lansdon:
In the light of the evidence the Board is of the opinion that the taxpayer and L. C. Wright Baking Co., Inc., constituted a business unit during the year 1918. Substantially all the stock of the two corporations was owned by the same interests. The determination of the Commissioner requiring the two corporations involved to; make a consolidated income and profits-tax return for the calendar year 1918 under the provisions of section 240 (b) of the Revenue Act of 1918, retroactive to January 1 of that year, is approved,