Crown Willamette Paper Co. v. Commissioner
United States Board of Tax Appeals
Taxes assessed by the States of Oregon and Washington and by subdivisions thereof accrue in the year for which they are assessed, and where a taxpayer keeps his books of account on the accrual basis, such taxes are proper deductions in computing net income for that year, although they did not become due and payable until a subsequent year.
1Opinion of the Court
*134OPINION.
Maequettb :
In view of the stipulation made by the parties to this proceeding, there is left for decision only the question as to when state, county, and municipal taxes assessed under the laws of Oregon and Washington, accrued. The parties agree that the petitioner’s books of account were kept on the accrual basis, and that the taxes in question are properly deductible from the petitioner’s gross income for the years in which they accrued. It is the contention of the petitioner that these taxes accrued and became a liability in the year for which they were assessed but the respondent…
2Cases cited3 opinions
- City of Puyallup v. LakinWashington Supreme Court · 1907
- Klickitat Warehouse Co. v. Klickitat CountyWashington Supreme Court · 1906
- Waterhouse v. Clatsop CountyOregon Supreme Court · 1907
3Cited by7 opinions
- American Laundry Machinery Co. v. CommissionerUnited States Board of Tax Appeals · 1935
- Crown Willamette Paper Co. v. CommissionerUnited States Board of Tax Appeals · 1928
- Hecla Mining Co. v. CommissionerUnited States Board of Tax Appeals · 1937
- Leamington Hotel Co. v. CommissionerUnited States Board of Tax Appeals · 1932
- New Orleans Cold Storage & Warehouse Co. v. CommissionerUnited States Board of Tax Appeals · 1939
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