Legal Opinion

Chicago Title & Trust Co. v. Commissioner

United States Board of Tax Appeals

Decided November 30, 1929No. Docket No. 22438Published

Amounts paid by trustees of a trust to attorneys for services in prosecuting a claim for refund of taxes held properly deductible in computing the net income of the trust. Florence Grandin et al.,16 B.T.A. 515, followed.

1Opinion of the Court

CHICAGO TITLE & TRUST CO. AND BLANCHE G. STUMER, TRUSTEES, ESTATE OF LOUIS M. STUMER, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Chicago Title & Trust Co. v. Commissioner

Docket No. 22438.

United States Board of Tax Appeals

18 B.T.A. 395; 1929 BTA LEXIS 2053;

November 30, 1929, Promulgated

Amounts paid by trustees of a trust to attorneys for services in prosecuting a claim for refund of taxes held properly deductible in computing the net income of the trust. Florence Grandin et al.,16 B.T.A. 515, followed.

John Enrietto, Esq., for the petitioners.

Brice Toole, Esq., for the…

2Cases cited2 opinions

  1. Grandin v. CommissionerUnited States Board of Tax Appeals · 1929
  2. Chicago Title & Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1929

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API