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RULES AGAINST JOCKEY CLUB CLUBWASHINGTON WASHINGTON D C May 17 The board of tax appeals today upheld the assessment of income taxes for 1927 1928 and 1929 and overruled the contentions of The Jockey Club that it is a nonprofit membership cor ¬ poration and consequently exempt from such taxation The Jockey Club operates a breed ¬ ing farm at Avon N Y and supervises race meetings in New York state It appealed in ¬ come tax claims of 1296 1236 and 1018 for the three years respectively The board overruled the assessment of a penalty of 209 for 1928 levied on the charge that an improper tax return had been filed The Jockey Club filed a return giving no data on its financial status and claimed exemp ¬ tion but it promptly filed a complete return when ordered by the Bureau of Internal Revenue