Appeal of Gordon Furniture Co.

3 B.T.A. 311
United States Board of Tax Appeals·Decided January 14, 1926·No. Docket No. 2470·Published·Cited by 1 cases

Opinion

[312] DECISION.

The item of $7,205 paid to the president as salary is properly deductible by the corporation in its return for 1920. The deficiency should be computed accordingly. Final determination will be settled on 10 days’ notice, under Eule 50.

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Appeal of Gordon Furniture Co., 3 B.T.A. 311 (bta 1926).

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Related

Gordon Furniture Co. v. Commissioner
3 B.T.A. 311 (Board of Tax Appeals, 1926)