Appeal of Washington Paper Stock Co.
Appeal of Washington Paper Stock Co.
1 B.T.A. 1117
Cases that cite this one
1 later published case cites this decision.
- Washington Paper Stock Co. v. Commissioner (United States Board of Tax Appeals 1925)
This list shows which later cases cite this one. It does not say how they treated it, and no review of that has been done. Not a substitute for Shepard’s or KeyCite — verify before relying.
Opinion of the Court
DECISION.
The determination of the Commissioner is disapproved in part. There should be allowed, as a loss by fire not compensated for by insurance or otherwise, in the year 1920, the amount of depreciation disallowed in 1919 and 1920, and the net income for 1920 should be reduced by $5,000 salaries payable to officers, erroneously included as income. The deficiency will be settled on consent or on seven days’ notice under Rule 50.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.