Abbott v. Commissioner
United States Board of Tax Appeals
Fees received by this petitioner for services rendered by him as a receiver, under appointment by the Common Pleas Court for Cuyahoga County, Ohio, are not exempt from taxation, Edward H. Wright,29 B.T.A. 1267, followed, nor may such fees, when surrendered by him to the law firm, a copartnership, of which he was a member, be deducted from his gross income as an ordinary and necessary business expense in the computation of his net taxable income.
1Opinion of the Court
GARDNER ABBOTT, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Abbott v. Commissioner
Docket No. 59969.
United States Board of Tax Appeals
30 B.T.A. 227; 1934 BTA LEXIS 1355;
March 29, 1934, Promulgated
Fees received by this petitioner for services rendered by him as a receiver, under appointment by the Common Pleas Court for Cuyahoga County, Ohio, are not exempt from taxation, Edward H. Wright,29 B.T.A. 1267, followed, nor may such fees, when surrendered by him to the law firm, a copartnership, of which he was a member, be deducted from his gross income as an ordinary and necessary…
2Cases cited2 opinions
- Abbott v. CommissionerUnited States Board of Tax Appeals · 1934
- Wright v. CommissionerUnited States Board of Tax Appeals · 1934