Legal Opinion
Tumwater Lumber Mills Co. v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided June 12, 1933No. 7094PublishedCited by 6 opinions
1Opinion of the Court
MACK, Circuit Judge.
Petitioner seeks review of a decision of the Board of Tax Appeals affirming the determination of the Commissioner of a deficiency in its income tax for 1925. The alleged deficiency results from the Commissioner’s disallowance of an item of $21,225 paid by petitioner to its stockholder-employees as a bonus and deducted as an expense of its business under section 234 of the Revenue Act of 1926.1
The sole issue before the Board was the factual question whether or not this was “a reasonable allowance for salary or other compensation for personal services actually rendered.”
The…
2Cases cited5 opinions
- Botany Worsted Mills v. United StatesSupreme Court of the United States · 1929
- American Sav. Bank & Trust Co. v. BurnetCourt of Appeals for the Ninth Circuit · 1930
- Atlas Plaster & Fuel Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1932
- Simons Brick Co. v. CommissionerCourt of Appeals for the Ninth Circuit · 1930
- A. David Co. v. GrissomCourt of Appeals for the Fourth Circuit · 1933
3Cited by6 opinions
- Huckins Tool and Die, Inc., an Indiana Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1961
- Botchford v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1936
- Doernbecher Mfg. Co. v. Commissioner of Internal Rev.Court of Appeals for the Ninth Circuit · 1935
- Clinton Co. v. CommissionerCourt of Appeals for the Seventh Circuit · 1946
- H. Levine & Bros. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1939
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