Spring Canyon Coal Co. v. Commissioner

SPRING CANYON COAL CO., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Spring Canyon Coal Co. v. Commissioner

Docket Nos. 23902, 25743.

United States Board of Tax Appeals

13 B.T.A. 189; 1928 BTA LEXIS 3295;

August 2, 1928, Promulgated

The amounts reserved by the petitioner for self-insurance pursuant to resolution of the Industrial Commission of Utah are not deductible in computing net taxable income.

Charles D. Hamel, Esq., and Benjamin H. Saunders, Esq., for the petitioner.

Arthur H. Murray, Esq., for the respondent.

MORRIS

These proceedings are for the redetermination of deficiencies…