Appeal of Lutz
Appeal of Lutz
2 B.T.A. 484
Cases that cite this one
2 later published cases cite this decision.
- Bear Valley Mutual Water Company v. Riddell (United States District Court for the Central District of California 1968)
- Lutz 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 taxpayer contends that the $23,000 paid as an assessment on his stock during 1922 is a deductible loss in that year.
The question presented is whether or not the sum paid as an assessment was a loss or an additional investment of capital. On the facts before us we are clearly of opinion that the assessment was an additional investment of capital.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.