Mosser v. Commissioner
United States Board of Tax Appeals
A payment made to procure the withdrawal of a partner, whose activities were damaging the partnership business, which payment directly benefited the business, is deductible from gross income A. King Aitkin,12 B.T.A. 692, followed.
1Opinion of the Court
CHARLES F. MOSSER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Mosser v. Commissioner
Docket No. 55399.
United States Board of Tax Appeals
27 B.T.A. 513; 1933 BTA LEXIS 1351;
January 6, 1933, Promulgated
A payment made to procure the withdrawal of a partner, whose activities were damaging the partnership business, which payment directly benefited the business, is deductible from gross income A. King Aitkin,12 B.T.A. 692, followed.
Fred A. Woodis, Esq., for the petitioner.
C. C. Holmes, Esq., for the respondent.
SMITH
The Commissioner determined a deficiency of $725.93 in the…
2Cases cited1 opinion
- Mosser v. CommissionerUnited States Board of Tax Appeals · 1933