Com. v. Philadelphia & Reading Coal & Iron Co.

Citations

• 162 Pa. 623
• 29 A. 699
• 1894 Pa. LEXIS 1030

Syllabus

<p>Taxation — Corporations—Duty of treasurer to retain tax — Act of June 30, 1885 and June 8, 1891.</p> <p>It is the duty of the treasurer of a corporation under the act of June 30, 1885, § 4, P. L. 193, to assess, retain and pay over to the state the tax imposed by the act of June 8, 1891, § 1, P. L. 229, on so much of its indebtedness as is held and owned by residents of Pennyslvania, and if he fails to do so the corporation is liable.</p>