Fifteenth & Chestnut Realty Co. v. Commissioner
United States Board of Tax Appeals
Amounts paid by a corporation to the estate of a deceased officer equal to the salary formerly paid him during his life held not deductible.
1Opinion of the Court
FIFTEENTH AND CHESTNUT REALTY COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Fifteenth & Chestnut Realty Co. v. Commissioner
Docket Nos. 68366, 72611.
United States Board of Tax Appeals
29 B.T.A. 1030; 1934 BTA LEXIS 1440;
February 6, 1934, Promulgated
Amounts paid by a corporation to the estate of a deceased officer equal to the salary formerly paid him during his life held not deductible.
Joseph A. Lamorelle, Esq., for the petitioner.
Percy S. Crewe, Esq., and Raymond A. McMillan, Esq., for the respondent.
STERNHAGEN
Respondent determined deficiencies of $5,338.78 and $2,700 in…
2Cases cited1 opinion
- Fifteenth & Chestnut Realty Co. v. CommissionerUnited States Board of Tax Appeals · 1934