Farmers Coop. Creamery v. Commissioner
United States Board of Tax Appeals
Held that article 522 of Regulations 65 is a reasonable interpretation of section 231(11) of the Revenue Act of 1924 and that petitioner is entitled to exemption.
1Opinion of the Court
FARMERS CO-OPERATIVE CREAMERY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Farmers Coop. Creamery v. Commissioner
Docket No. 31444.
United States Board of Tax Appeals
21 B.T.A. 265; 1930 BTA LEXIS 1879;
November 11, 1930, Promulgated
Held that article 522 of Regulations 65 is a reasonable interpretation of section 231(11) of the Revenue Act of 1924 and that petitioner is entitled to exemption.
Allen H. Gardner, Esq., for the petitioner.
Elden McFarland, Esq., for the respondent.
VAN FOSSAN
Petitioner asks redetermination of deficiencies of $185.19 and $403.43 for the calendar years…
2Cases cited1 opinion
- Farmers Coop. Creamery v. CommissionerUnited States Board of Tax Appeals · 1930