Nahman v. Commissioner
United States Board of Tax Appeals
In 1922 and 1923 the petitioner was a member of a partnership engaged in an export brokerage business. The partnership was dissolved in 1924, and the books of account abandoned. The Commissioner determined deficiencies due from the petitioner upon the basis that the partnership realized a taxable income in 1922 and 1923 of 2 per cent on the sales. Held that the petitioner's returns for 1922 and 1923 properly reflected his distributable portion of the partnership profits.
1Opinion of the Court
ALFRED A. NAHMAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Nahman v. Commissioner
Docket No. 23145.
United States Board of Tax Appeals
21 B.T.A. 121; 1930 BTA LEXIS 1914;
October 29, 1930, Promulgated
In 1922 and 1923 the petitioner was a member of a partnership engaged in an export brokerage business. The partnership was dissolved in 1924, and the books of account abandoned. The Commissioner determined deficiencies due from the petitioner upon the basis that the partnership realized a taxable income in 1922 and 1923 of 2 per cent on the sales. Held that the petitioner's returns…
2Cases cited1 opinion
- Nahman v. CommissionerUnited States Board of Tax Appeals · 1930