Commonwealth v. G. W. Ellis Co.

Citations

• 237 Pa. 328
• 85 A. 414
• 1912 Pa. LEXIS 940

Syllabus

<p>Taxation — State taxes — Corporations—Foreign corporations— Capital siocJc — Capital employed in Pennsylvania.</p> <p>• Bills and accounts receivable of a foreign corporation do not necessarily indicate capital actually employed wholly within this State and cannot be made the basis for a settlement of a bonus due the Commonwealth on increase of capital under the Act of May 8, 1901, P. L. 150.</p>