® The. emount been basedon gun (1). barrel of the %at Lement SttULe in sett offer 2s suit Bas approved and checked been have adjustments which the 4 ti separate caare transportation to wholesaic les of retail elimination of and adjustment After selea of de ati LOTS § consider following the sll.of prices, by be & the maximum sales on whiten tax Liebility eould the Buresu, imposed for the suit peried amount to 646,851,587.QF this represents $222,968.28 amount total seles firearne from made « imported and sold by J.k. and 4.5. Browning Company after tae The refund of principal whieh effective date of the 1932 Act. woulda result from the adjustment of tax basis. from wholesale to jobbers prices on these sales would amount to 910,0794695, ag per following computation: Sales made from importations | | to 20,209 454 222,906.26 price jobbers Total subsequent reduced fax 556,808,50 | : . 9624 ,893459 inventory Sales made from trensferred fax o11507604 34 . Less! = pete. & he. oF paid Tax Browning Go, on sales from subsequent importations age F be Deficiency i, gt . . f Si tax i ee oe paid January 1936 OVverassessment When the deficiency (2), 1936, deficiency interest was to the interest deficiency of 663,784.64, proportion in the sumably Go this totel $2,008.08, making the that refund a total or to wae paid, Under the peculiar 1932, as amended by 912,068.03. of soe ordinarily be allowed 1936, when the defi- date, or a total of approximately wording of Seotion 621 Section 401 (b) pre- amounts which 15603°%,, in dears sum of ©10,079.95 On thie refund, interest would (3). at the rete of 6% per aunum from January, giency refunded, wouldbe of A part 512,606.90. wes assessed of $63,784,604 amount of the in col lected end of (o) the ef 33%. Revenue the Act Revenue Act