Union Paper Co. v. Commissioner

UNION PAPER CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Union Paper Co. v. Commissioner

Docket No. 6402.

United States Board of Tax Appeals

9 B.T.A. 1010; 1927 BTA LEXIS 2469;

December 31, 1927, Promulgated

Market value of patent application at March 1, 1913, for the purpose of exhaustion of a patent subsequently granted thereon not determinable from the evidence.

James D. Williams, Esq., for the petitioner.

Granville S. Borden, Esq., for the respondent.

SMITH

Deficiencies have been determined for the years 1917 and 1918 in the respective amounts of $8,375.20 and $5,992.37. For…