United States Fidelity & Guaranty Co. v. Board of Assessors

Citations

• 122 La. 139
• 47 So. 442
• 1908 La. LEXIS 420

Syllabus

<p>1. Taxation (§ 462*) — Duty to Make Return — Failure in Good Faith.</p> <p>A taxpayer is not subject to the doom of the assessor, when the failure to make a return has been in good faith and on reasonable grounds.</p> <p>[Ed. Note. — For other cases, see Taxation, Dec. Dig. § 462.*]</p> <p>2. Taxation (§ 500*) — Cancellation oe Assessment.</p> <p>Where the taxpayer has been assessed for money in possession, when as a matter of fact he had no such money, and so stated in his return, the assessment will be canceled.</p> <p>[Ed. Note. — For other cases, see Taxation, Dec. Dig. § 500.*]</p> <p>Breaux, C. J., dissenting, and Monroe, J., dissenting in part.</p> <p>(Syllabus by the Court.)</p>