Appeal of Boericke & Runyon

Board of Tax Appeals

Appeal of Boericke & Runyon

3 B.T.A. 684

United States Board of Tax Appeals·Decided February 11, 1926·No. Docket No. 2981·Published·Cited by 1 cases

Opinion

[685] DECISION.

The net income of the taxpayer during these several years should be computed by allowing 10 per cent depreciation upon furniture and fixtures of the Hew York office, upon the basis of the average investment therein during each of the several years, and by the further allowance of the bonuses paid to employees in the taxable years in question. Final determination will be settled on 10 days’ notice, in accordance with Rule 50.

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[685] DECISION.

The net income of the taxpayer during these several years should be computed by allowing 10 per cent depreciation upon furniture and fixtures of the Hew York office, upon the basis of the average investment therein during each of the several years, and by the further allowance of the bonuses paid to employees in the taxable years in question. Final determination will be settled on 10 days’ notice, in accordance with Rule 50.

Appeal of Boericke & Runyon, 3 B.T.A. 684 (bta 1926).

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Opinion

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