F. C. West Corp. v. Commissioner
4 B.T.A. 629, 1926 BTA LEXIS 2234
Opinion
[633] OPINION.
In view of the evidence, petitioner’s income can not be ascribed primarily to the activities of the stockholders. We are of the opinion, however, from the evidence, that the petitioner should have been allowed a deduction of $7,500 as reasonable compensation for F. C. West, president.
Order of redetermination will be entered on 15 days’ notice, under Bule 50.
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F. C. West Corp. v. Commissioner, 4 B.T.A. 629, 1926 BTA LEXIS 2234 (bta 1926).
4 B.T.A. 629 (F. C. West Corp. v. Commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.