V. Loewers Gambrinus Brewery Co. v. Anderson,
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282 U.S. 638 (1931)
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U.S. Supreme Court
V. Loewers Gambrinus Brewery Co. v. Anderson, 282 U.S. 638 (1931)
V. Loewers Gambrinus Brewery Co. v. Anderson
Argued January 22, 1931
Decided February 24, 1931
282 U.S. 638
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE SECOND CIRCUIT
In calculating its net income and profits taxes for the years 1918 and 1919, a brewing company was entitled, under § 234(a)(7) of the Revenue Act of 1918, to a reasonable allowance for obsolescence of
42 F.2d 216 reversed.
District court affirmed.