C. H. Swift & Sons, Inc. v. Commissioner
United States Board of Tax Appeals
1. Upon the evidence, held that petitioner is not on a "long-term contract" basis. 2. The parts of the accounting records introduced in evidence do not enable a revision of the books to more accurately compute the cost of various grades of lumber purchased on a log-run basis.
1Opinion of the Court
C. H. SWIFT & SONS, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
C. H. Swift & Sons, Inc. v. Commissioner
Docket No. 4806.
United States Board of Tax Appeals
13 B.T.A. 138; 1928 BTA LEXIS 3301;
July 31, 1928, Promulgated
1. Upon the evidence, held that petitioner is not on a "long-term contract" basis.
2. The parts of the accounting records introduced in evidence do not enable a revision of the books to more accurately compute the cost of various grades of lumber purchased on a log-run basis.
Benjamin Mahler, Esq., and Henry P. Keith, Esq., for the petitioner.
Phillip M. Clark,…
2Cases cited1 opinion
- C. H. Swift & Sons, Inc. v. CommissionerUnited States Board of Tax Appeals · 1928