Appeal of Olsen Water & Towing Co.
Appeal of Olsen Water & Towing Co.
1 B.T.A. 1149
Cases that cite this one
1 later published case cites this decision.
- Olsen Water & Towing 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
The item of $7,031.60 should be treated as income for the year 1919, and should not be apportioned over the period of the charter. The deficiency should be recomputed in accordance with this decision and the admissions as set forth on the part of the Commissioner, in so far as such admissions are material. Final determination will be settled on consent or on ten days’ notice, in accordance with Rule 50.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.