Appeal of Lutz
2 B.T.A. 484
CourtUnited States Board of Tax Appeals
DecidedSeptember 8, 1925
DocketDocket No. 1954
StatusPublished
Cited by2 cases
This text of 2 B.T.A. 484 (Appeal of Lutz) is published on Counsel Stack Legal Research, covering United States Board of Tax Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Appeal of Lutz, 2 B.T.A. 484 (bta 1925).
Opinion
[485]*485OPINION.
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.
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Related
Bear Valley Mutual Water Company v. Riddell
283 F. Supp. 949 (C.D. California, 1968)
Lutz v. Commissioner
2 B.T.A. 484 (Board of Tax Appeals, 1925)
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Bluebook (online)
2 B.T.A. 484, Counsel Stack Legal Research, https://law.counselstack.com/opinion/appeal-of-lutz-bta-1925.