Appeal of W. J. Perry Corp.
1 B.T.A. 788
United States Board of Tax Appeals·Decided March 17, 1925·No. Docket No. 1360·Published·Cited by 1 cases
Opinion
[790] DECISION.
The facts in this appeal are substantially the same as those in the Appeal of Joseph Emsheimer Insurance Agency, 1 B. T. A. 649. Approximately one-half of the net income of the taxpayer is ascribable primarily to the activities of subagents. Such income is not ascribable primarily to the activities of the principal stockholders of the taxpayer.
The determination of the Commissioner is approved.
Free access — add to your briefcase to read the full text and ask questions with AI
Appeal of W. J. Perry Corp., 1 B.T.A. 788 (bta 1925).
1 B.T.A. 788 (Appeal of W. J. Perry Corp.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
W. J. Perry Corp. v. Commissioner
1 B.T.A. 788 (Board of Tax Appeals, 1925)