United States Board of Tax Appeals, 1925

Hazard Mfg. Co. v. Commissioner

Hazard Mfg. Co. v. Commissioner
United States Board of Tax Appeals · Decided October 30, 1925 · Lansdon, Steenhagen, Love, Geeen
2 B.T.A. 1152; 1925 BTA LEXIS 2163
Hazard Mfg. Co. v. Commissioner

Opinion of the Court

*1153OPINION.

Love:

It will be noted that the only evidence of life of machinery in taxpayer’s plant is of the heavy machinery, which comprises less than half, in cost, of the whole — how much less than half we are not informed.

It is impossible to determine the composite life of all of the machinery with such a paucity of evidence.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.