GREENAWALT v. COMMISSIONER
United States Board of Tax Appeals
The petitioner is not entitled to the maximum earned income credit provided for in section 31(a) of the Revenue Act of 1928 in respect of royalties, computed upon a per ton basis, received under certain contracts with licensees embodying the use of patents relating to the process of sintering.
1Opinion of the Court
JOHN E. GREENAWALT, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
GREENAWALT v. COMMISSIONER
Docket No. 50793.
United States Board of Tax Appeals
27 B.T.A. 936; 1933 BTA LEXIS 1281;
March 15, 1933, Promulgated
The petitioner is not entitled to the maximum earned income credit provided for in section 31(a) of the Revenue Act of 1928 in respect of royalties, computed upon a per ton basis, received under certain contracts with licensees embodying the use of patents relating to the process of sintering.
Kenneth W. Greenawalt, Esq., for the petitioner.
R. N. McMillan, Esq., for the…
2Cases cited1 opinion
- GREENAWALT v. COMMISSIONERUnited States Board of Tax Appeals · 1933