Pratt v. Commissioner
United States Board of Tax Appeals
Salaries credited to petitioners upon the books of the corporation of which they were officers and stockholders, but not received within the taxable years nor available for their use, were not income to them upon the cash receipts and disbursements basis.
1Opinion of the Court
ESTATE OF WILLIAM B. PRATT, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
JAMES A. BELL, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
W. H. PATTERSON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Pratt v. Commissioner
Docket Nos. 8858, 8859, 8901.
United States Board of Tax Appeals
7 B.T.A. 621; 1927 BTA LEXIS 3137;
July 11, 1927, Promulgated
Salaries credited to petitioners upon the books of the corporation of which they were officers and stockholders, but not received within the taxable years nor available for their use, were not income to them upon…
2Cases cited1 opinion
- Pratt v. CommissionerUnited States Board of Tax Appeals · 1927