George Ringler & Co. v. Commissioner
United States Board of Tax Appeals
1. Commissioner's adjustment of depreciation claimed on beer kegs, and on machinery and equipment in unit of brewery discontinued in 1918, sustained for lack of proof that errors were committed. 2. Amounts paid to employees during Christmas season for additional services rendered, allowed as deduction from gross income. 3. Sum paid Lager Beer Board of Trade held to be an ordinary and necessary business expense. 4. The evidence is insufficient to prove loss on fixtures. 5.…
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1. Commissioner's adjustment of depreciation claimed on beer kegs, and on machinery and equipment in unit of brewery discontinued in 1918, sustained for lack of proof that errors were committed. 2. Amounts paid to employees during Christmas season for additional services rendered, allowed as deduction from gross income. 3. Sum paid Lager Beer Board of Trade held to be an ordinary and necessary business expense. 4. The evidence is insufficient to prove loss on fixtures. 5. Petitioner's inventory valued.
1Opinion of the Court
GEORGE RINGLER & CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
George Ringler & Co. v. Commissioner
Docket No. 8565.
United States Board of Tax Appeals
10 B.T.A. 1134; 1928 BTA LEXIS 3958;
March 1, 1928, Promulgated
1. Commissioner's adjustment of depreciation claimed on beer kegs, and on machinery and equipment in unit of brewery discontinued in 1918, sustained for lack of proof that errors were committed.
2. Amounts paid to employees during Christmas season for additional services rendered, allowed as deduction from gross income.
3. Sum paid Lager Beer Board of Trade held to be…
2Cases cited1 opinion
- George Ringler & Co. v. CommissionerUnited States Board of Tax Appeals · 1928