Jefferson Standard Life Insurance v. Commissioner of Internal Revenue
This text of 83 F.2d 1012 (Jefferson Standard Life Insurance v. Commissioner of Internal Revenue) is published on Counsel Stack Legal Research, covering Court of Appeals for the Fourth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
On the authority of Helvering v. Independent Life Ins. Co., 292 U.S. 371, 54 S.Ct. 758, 78 L.Ed. 1311, we are of opinion that the decision of the Board of Tax Appeals in this case should be reversed'. We are also of opinion that, as it is admitted by both sides and found by the Board that the book value of the home office building should have been $2,940,018.47 instead of $3,069,498.47, the deficiency properly assessable against the taxpayer for the year 1927 was $802.22. The decision appealed from will be modified accordingly.
Reversed.
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Cite This Page — Counsel Stack
83 F.2d 1012, 17 A.F.T.R. (P-H) 1238, 1936 U.S. App. LEXIS 2728, Counsel Stack Legal Research, https://law.counselstack.com/opinion/jefferson-standard-life-insurance-v-commissioner-of-internal-revenue-ca4-1936.