Monday, Jan. 11, 1926
Refunds
Secretary Mellon gave the Ways and Means Committee an accounting of $151,885,415 in refunds for overcollections in taxes. The refunds were for the year July, 1924, to June, 1925. Of the total, $17,777,642 was because of the 25% flat tax rebate granted a year and a half ago. Those receiving substantial refunds were:
California Wine Co...........$1,050,410
Pennsylvania Coal Co .........1,041,019
John D. Rockefeller ..........457,370
Andrew W. Mellon..............404,871
William Wrigley Jr ............37,056
Thomas W. Lament ...............9,710
Frank Woolworth Estate ........66,359
T. Jefferson Coolidge Estate..762,070
British-American Tobacco Co...299,410
Alfred G. Vanderbilt Estate ...12,800
Vacuum Oil Co.................121,755
Minnie Maddern Eiske .............788
Corn Products Refining Co.....176,922
Stewart Speedometer Co. ......124,616
Chevrolet Motor Co ...........110,118
Buick Motor Co. ..............147,217
Joseph C. Grew ................2,167