Legal Opinion
Old '76 Distilling Co. v. Commissioner
United States Board of Tax Appeals
Decided April 20, 1926No. Docket No. 1262Published
On the facts stated, held, that the taxpayer did not sustain a deductible loss in the taxable year in question.
1Opinion of the Court
APPEAL OF OLD '76 DISTILLING CO.
Old '76 Distilling Co. v. Commissioner
Docket No. 1262.
United States Board of Tax Appeals
3 B.T.A. 1346; 1926 BTA LEXIS 2415;
April 20, 1926, Decided Submitted May 25, 1925.
On the facts stated, held, that the taxpayer did not sustain a deductible loss in the taxable year in question.
Laurence A. Baker and Thomas R. Rutter, Esqs., for the taxpayer
A. R. Marrs, Esq., for the Commissioner.
MORRIS
Before IVINS, MARQUETTE, and MORRIS.
This is an appeal from the determination of a deficiency of $59,425.78 in income and profits taxes for 1917. The controversy arises out of…
2Cases cited1 opinion
- Appeal of Old '76 Distilling Co.United States Board of Tax Appeals · 1926