Appeal of Truempy
1 B.T.A. 349
CourtUnited States Board of Tax Appeals
DecidedJanuary 16, 1925
DocketDocket No. 207
StatusPublished
Cited by3 cases
This text of 1 B.T.A. 349 (Appeal of Truempy) 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 Truempy, 1 B.T.A. 349 (bta 1925).
Opinion
[350]*350OPINION.
The taxpayer’s sole contention is that since no part of the additional income of tbe partnership discovered by the revenue agent was actually distributed to him during the year 1920 he can not be taxed upon it. But section 218 of the Revenue Act of 1918 provides:
* * * there shall be included in computing the net income of each partner his distributive share, whether distributed or not, of the net income of the partnership for the taxable year * * *.
The determination of the Commissioner is approved.
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Related
Baker v. United States
133 F. Supp. 666 (W.D. Oklahoma, 1955)
First Mechanics Bank v. Commissioner of Internal Rev.
91 F.2d 275 (Third Circuit, 1937)
Truempy v. Commissioner
1 B.T.A. 349 (Board of Tax Appeals, 1925)
Cite This Page — Counsel Stack
Bluebook (online)
1 B.T.A. 349, Counsel Stack Legal Research, https://law.counselstack.com/opinion/appeal-of-truempy-bta-1925.