In re Assessment of Income Taxes Honolulu Rapid Transit & Land Co.
This text of 18 Haw. 666 (In re Assessment of Income Taxes Honolulu Rapid Transit & Land Co.) is published on Counsel Stack Legal Research, covering Hawaii Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This is an appeal from the decision of the tax appeal court disallowing a deduction of $23,244 for loss from wear and tear in use claimed by the taxpayer as a proper deduction from gross income-for the year 1906. The principles involved have been fully discussed In re Assessment of Income Taxes Honolulu Rapid Transit and Land Company, 18 Haw. 15; In re Assessment of Income Taxes Ewa Plantation Company, 18 Haw. 530. In regard to appellant’s claim to a nontaxable Federal franchise we may also refer to Miner’s Bank v. Iowa, 12 How. 1. The decision appealed from is affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
18 Haw. 666, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-assessment-of-income-taxes-honolulu-rapid-transit-land-co-haw-1908.