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
CROWN WILLAMETTE PAPER CO., 1 PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Crown Willamette Paper Co. v. Commissioner
Docket Nos. 11358, 31010.
United States Board of Tax Appeals
14 B.T.A. 133; 1928 BTA LEXIS 3016;
November 13, 1928, Promulgated
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.
Osc…
2Cases cited1 opinion
- Crown Willamette Paper Co. v. CommissionerUnited States Board of Tax Appeals · 1928