A. B. Nickey & Sons v. Commissioner
United States Board of Tax Appeals
1. Valuation of timber on March 1, 1913, for depletion purposes determined. 2. Under the evidence, held, that no taxable income was realized in the year 1917 from the liquidation of Nickey & Sons Co.
1Opinion of the Court
*175OPINION.
Teammell: The Commissioner conceded at the hearing that the income of the partnership of A. B. Nickey & Sons' for the year 1917, as computed and set forth in the deficiency letter, should be reduced *176by the amount of $16,375.03, and that the income of the members of the partnership should be reduced pro rata, and, also, that the profit of each of the taxpayers W. E. Nickey and S. M. Nickey from the sale of the Sledge farm in the year 1919, as computed by the Commissioner, should be reduced by the amount of $845.41. These concessions leave for consideration only the question of the…
2Cases cited4 opinions
- Lynch v. HornbySupreme Court of the United States · 1918
- Lynch v. TurrishSupreme Court of the United States · 1918
- Lynch v. TurrishCourt of Appeals for the Eighth Circuit · 1916
- Lynch v. HornbyCourt of Appeals for the Eighth Circuit · 1916
3Cited by5 opinions
- Berliner v. District of ColumbiaCourt of Appeals for the D.C. Circuit · 1958
- Candler v. RoseCourt of Appeals for the Fifth Circuit · 1935
- A. B. Nickey & Sons v. CommissionerUnited States Board of Tax Appeals · 1925
- Darrow v. CommissionerUnited States Board of Tax Appeals · 1927
- Henry A. Berliner v. District of Columbia, Josephine M. Berliner v. District of Columbia, Robert B. Frank, Trustee for Cora A. Berliner Cunningham v. District of Columbia, Robert B. Frank, Trustee for Josephine L. Berliner Vargas v. District of Columbia, Robert B. Frank, Trustee for Henry A. Berliner, Jr. v. District of ColumbiaCourt of Appeals for the D.C. Circuit · 1958