B. F. Boyer Co. v. Commissioner
United States Board of Tax Appeals
1. Cost of advertising for promoting sale of Liberty bonds, held to be an ordinary and necessary business expense. 2. Rates of depreciation determined. 3. Invested capital adjusted.
1Opinion of the Court
APPEAL OF B. F. BOYER CO.
B. F. Boyer Co. v. Commissioner
Docket No. 5739.
United States Board of Tax Appeals
4 B.T.A. 180; 1926 BTA LEXIS 2352;
June 22, 1926, Decided Submitted February 11, 1926.
1. Cost of advertising for promoting sale of Liberty bonds, held to be an ordinary and necessary business expense.
2. Rates of depreciation determined.
3. Invested capital adjusted.
J. Marvin Haynes, Esq., and H. E. Witman, C.P.A., for the petitioner.
Ellis W. Manning, Esq., for the Commissioner.
GRAUPNER
Before GRAUPNER, 1 TRAMMELL, and PHILLIPS.
This is an appeal from the determination of deficiencies in…
2Cases cited1 opinion
- Appeal of B. F. Boyer Co.United States Board of Tax Appeals · 1926