American-Hawaiian S.S. Co. v. Commissioner
United States Board of Tax Appeals
1. Costs subject to amortization determined. 2. Spread of amortization for a fiscal year determined in accordance with income.
1Opinion of the Court
AMERICAN-HAWAIIAN STEAMSHIP CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
American-Hawaiian S.S. Co. v. Commissioner
Docket No. 4225.
United States Board of Tax Appeals
7 B.T.A. 13; 1927 BTA LEXIS 3270;
May 20, 1927, Promulgated
1. Costs subject to amortization determined.
2. Spread of amortization for a fiscal year determined in accordance with income.
George E. Cleary, Esq., for the petitioner.
John D. Foley, Esq., for the respondent.
LITTLETON
This proceeding involves income and profits tax of approximately $79,000 for the fiscal year ended February 28, 1919. An assessment in…
2Cases cited1 opinion
- American-Hawaiian S.S. Co. v. CommissionerUnited States Board of Tax Appeals · 1927