Salt Lake Telegram | 1938-05-27 | Page 7 | Sugar Company Wins Tax Fight

I SUGAR COMPANY I WINS TAX FIGHT t y Mandate of ot the Tenth U. U S S. S circuit cir cir- 7 1 cult court of ot appeals at Denver i awarding the Utah-Idaho Utah Sugar company a refund of on the income tax it paid in 1918 was I filed Friday in federal district court here The sugar company filed a petition peti peti- r tion in 1935 asking it be repaid j i Judge Tillman D D. Johnson awarded award award- ed the sugar company I last April 24 but the government appealed the case and the circuit court of ap appeals als reduced the judgment judgment judgment judg judg- ment by more than The sugar company contended I that the U. U S. S bureau of internal revenue had wrongfully included the price of more than bags of sugar ugar in the company's gross Income income inome in in- In- In come ome for the fiscal year ending February 28 1918 The sugar company company com com- pany any maintained that this sugar was wa sold old and the income was included in n the tax assessed during 1917 even though the sugar was not delivered until the fiscal year ending February February February Feb Feb- 1918 The refund allowed by the circuit court ourt of appeals will come from th the Income and profit tax totaling paid by the company In n 1918