Swedish Mission Friends' Aid Asso. v. Commissioner
United States Board of Tax Appeals
1. The petitioner is not entitled to exemption from taxation under section 231 of the Revenue Acts of 1918 and 1921. 2. The petitioner is not entitled to any greater deductions on account of additions made to its reserve funds in the years 1920 and 1921 than have been allowed by the respondent.
1Opinion of the Court
SWEDISH MISSION FRIENDS' AID ASSOCIATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Swedish Mission Friends' Aid Asso. v. Commissioner
Docket No. 10890.
United States Board of Tax Appeals
12 B.T.A. 1152; 1928 BTA LEXIS 3394;
July 5, 1928, Promulgated
1. The petitioner is not entitled to exemption from taxation under section 231 of the Revenue Acts of 1918 and 1921.
2. The petitioner is not entitled to any greater deductions on account of additions made to its reserve funds in the years 1920 and 1921 than have been allowed by the respondent.
Oscar Thonander, Esq., for the petitioner.
2Cases cited1 opinion
- Swedish Mission Friends' Aid Asso. v. CommissionerUnited States Board of Tax Appeals · 1928