Gordon Furniture Co. v. Commissioner

3 B.T.A. 311, 1926 BTA LEXIS 2698
United States Board of Tax Appeals·Decided January 14, 1926·No. Docket No. 2470.·Published

Opinion

[312] DECISION.

The item of $7,205 paid to the president as salary is properly deductible by the corporation in its return for 1920. The deficiency should be computed accordingly. Final determination will be settled on 10 days’ notice, under Eule 50.

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Gordon Furniture Co. v. Commissioner, 3 B.T.A. 311, 1926 BTA LEXIS 2698 (bta 1926).

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Related

Appeal of Gordon Furniture Co.
3 B.T.A. 311 (Board of Tax Appeals, 1926)