Abbott v. Commissioner
United States Board of Tax Appeals
Fees received by this petitioner for services rendered by him as a receiver, under appointment by the Common Pleas Court for Cuyahoga County, Ohio, are not exempt from taxation, Edward H. Wright,29 B.T.A. 1267, followed, nor may such fees, when surrendered by him to the law firm, a copartnership, of which he was a member, be deducted from his gross income as an ordinary and necessary business expense in the computation of his net taxable income.
1Opinion of the Court
OPINION.
MoRRis:
This proceeding is for the redetermination of a deficiency in income tax of $2,542.59 for the calendar year 1929, the proposed imposition of which the petitioner contests on the ground that the respondent erred (a) by including in his taxable income for that year compensation paid to him as a receiver of the Thistledown Co., duly appointed as such by the Common Pleas Court for Cuyahoga County, Ohio, and (b) in finding that payment by him of the amount of such compensation to the partnership of Tolies, Hogsett & Ginn, of which he was a member, was not a deductible business…
2Cases cited1 opinion
- Wright v. CommissionerUnited States Board of Tax Appeals · 1934
3Cited by6 opinions
- Schneer v. CommissionerUnited States Tax Court · 1991
- Brandschain v. CommissionerUnited States Tax Court · 1983
- Bufalino v. CommissionerUnited States Tax Court · 1976
- Abbott v. CommissionerUnited States Board of Tax Appeals · 1934
- Brandschain v. CommissionerUnited States Tax Court · 1983
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