George Wiedemann Brewing Co. v. Commissioner
United States Board of Tax Appeals
1. Deduction for obsolescence of tangible property determined as to amounts and years for which deduction is applicable. 2. An allowance for obsolescence based upon the decrease in value of tangible assets retained in use, denied.
1Opinion of the Court
APPEAL OF GEORGE WIEDEMANN BREWING CO. AND WALTER B. WEAVER, AS A STOCKHOLDER, ETC. 1
George Wiedemann Brewing Co. v. Commissioner
Docket No. 7955.
United States Board of Tax Appeals
9 B.T.A. 792; 1927 BTA LEXIS 2511;
December 22, 1927, Promulgated
1. Deduction for obsolescence of tangible property determined as to amounts and years for which deduction is applicable.
2. An allowance for obsolescence based upon the decrease in value of tangible assets retained in use, denied.
James B. O'Donnell, Esq., for the petitioners.
Maxwell E. McDowell, Esq., for the Commissioner.
MILLIKEN
This proceeding results…
2Cases cited3 opinions
- Manhattan Brewing Co. v. CommissionerUnited States Board of Tax Appeals · 1927
- Levine Bros. Co. v. CommissionerUnited States Board of Tax Appeals · 1926
- George Wiedemann Brewing Co. v. CommissionerUnited States Board of Tax Appeals · 1927