PHILADELPHIA TITLE INS. CO.
v.
COMMISSIONER OF INTERNAL REVENUE

3d Cir. | 1952-10-22
No. 10756
199 F.2d 308 United States Court of Appeals for the Third Circuit (1952) Caution
Cited by 10 cases

Opinion of the Court
PER CURIAM.

PER CURIAM.

This petition for review of a decision by the Tax Court raises the question of the liability for income tax upon the reserve required of a title insurance company under the Pennsylvania law. We considered the question at length in Wayne Title and Trust. Co. v. Commissioner, 3 Cir., 1951, 195 F. 2d 401, and we are not convinced that the taxpayer has shown us any reason for distinguishing that case from this.

' The decision of the Tax Court is affirmed.


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