First Nat'l Bank v. Commissioner
United States Board of Tax Appeals
Upon the evidence, held that certain contributions made by the petitioner corporation were ordinary and necessary expenses of its business and are deductible.
1Opinion of the Court
FIRST NATIONAL BANK IN ST. LOUIS, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
First Nat'l Bank v. Commissioner
Docket Nos. 44278, 48078.
United States Board of Tax Appeals
23 B.T.A. 1125; 1931 BTA LEXIS 1763;
July 14, 1931, Promulgated
Upon the evidence, held that certain contributions made by the petitioner corporation were ordinary and necessary expenses of its business and are deductible.
Rhodes E. Cave, Esq., for the petitioner.
Eugene Harpole, Esq., for the respondent.
MCMAHON
These are proceedings, duly consolidated for hearing and opinion by order dated September 16, 1930, for…
2Cases cited2 opinions
- First National Bank in St. Louis v. CommissionerUnited States Board of Tax Appeals · 1931
- First Nat'l Bank v. CommissionerUnited States Board of Tax Appeals · 1931