Iowa Guarantee Mortg. Corp. v. Commissioner
United States Board of Tax Appeals
In the circumstances herein it is held that the petitioner is not a dealer in personal property on the installment plan and, therefore, is not entitled to the benefit of the relief provision of section 705 of the Revenue Act of 1928.
1Opinion of the Court
IOWA GUARANTEE MORTGAGE CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Iowa Guarantee Mortg. Corp. v. Commissioner
Docket No. 43247.
United States Board of Tax Appeals
28 B.T.A. 213; 1933 BTA LEXIS 1158;
May 31, 1933, Promulgated
In the circumstances herein it is held that the petitioner is not a dealer in personal property on the installment plan and, therefore, is not entitled to the benefit of the relief provision of section 705 of the Revenue Act of 1928.
Clyde B. Charlton, Esq., for the petitioner.
William E. Davis, Esq., for the respondent.
LANSDON
The respondent has…
2Cases cited1 opinion
- Iowa Guarantee Mortg. Corp. v. CommissionerUnited States Board of Tax Appeals · 1933