California Sanitary Co. v. Commissioner
United States Board of Tax Appeals
TAXES - DATE OF ACCRUAL OF PROPERTY TAXES IN STATE OF CALIFORNIA. - Where under the laws of the State of California the liability for county and city taxes is determined by the ownership of property on the first Monday in March of each year, taxes accrue on such date and where petitioner acquired certain property in June 13, 1930, and thereafter paid the taxes for that year, held, the expenditure for the payment of the taxes became a part of the cost of the property and is…
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TAXES - DATE OF ACCRUAL OF PROPERTY TAXES IN STATE OF CALIFORNIA. - Where under the laws of the State of California the liability for county and city taxes is determined by the ownership of property on the first Monday in March of each year, taxes accrue on such date and where petitioner acquired certain property in June 13, 1930, and thereafter paid the taxes for that year, held, the expenditure for the payment of the taxes became a part of the cost of the property and is not deductible as taxes under section 23, Revenue Act of 1928.
1Opinion of the Court
*124OPINION.
BlacK :
Under the tax laws of California both real and personal property are assessed to the persons by whom they are owned or claimed, or in whose possession or control they are, at twelve o’clock meridian of the first Monday in March. The Political Code of California, section 3628, reads as follows:
Seo. 3628. * * * The assessor must, between tlie first Mondays in March and. July of each year, ascertain the names of all taxable inhabitants, and all the property in his county subject to taxation, except such as is required to be assessed by the state board of equalization, and must…
2Cited by14 opinions
- Merchants Bank Bldg. Co. v. HelveringCourt of Appeals for the Eighth Circuit · 1936
- Lifson v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1938
- Commissioner of Internal Revenue v. Rust's EstateCourt of Appeals for the Fourth Circuit · 1940
- Supplee v. MagruderDistrict Court, D. Maryland · 1941
- Reinhardt v. CommissionerUnited States Tax Court · 1980
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