Appeal of Robertson

Board of Tax Appeals

Appeal of Robertson

1 B.T.A. 501

CourtUnited States Board of Tax Appeals

DecidedJanuary 31, 1925

DocketDocket No. 595

StatusPublished

Cited by1 cases

This text of 1 B.T.A. 501 (Appeal of Robertson) 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 Robertson, 1 B.T.A. 501 (bta 1925).

Pincite

Opinion

DECISION.

The net income subject to normal tax should be computed as follows:

a. Business income-$13, 750. 89

b. Rental income_ 9,227. 93

22,978. 82

Less losses-$4, 632. 50

Deductions_ 8, 858. 64

- 13,491.14

Net income subject to normal tax. 9.487. 68

[502]*502In the computation of net income subject to surtax there should be added dividends as above set forth and interest on Liberty bonds, if any, subject to tax. Final decision will be settled on consent or on 10 days’ notice in accordance with Eule 50.

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