Leighton Bros. Printing Co. v. Commissioner

Board of Tax Appeals

Leighton Bros. Printing Co. v. Commissioner

8 B.T.A. 1006, 1927 BTA LEXIS 2753

CourtUnited States Board of Tax Appeals

DecidedOctober 25, 1927

DocketDocket No. 10329.

StatusPublished

This text of 8 B.T.A. 1006 (Leighton Bros. Printing Co. v. Commissioner) is published on Counsel Stack Legal Research, covering United States Board of Tax Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Leighton Bros. Printing Co. v. Commissioner, 8 B.T.A. 1006, 1927 BTA LEXIS 2753 (bta 1927).

Pincite

Opinion

[1008]*1008OPINION.

Smith :

The only questions for the determination of the Board in this proceeding are the reasonableness of the salary paid to the president for the year 1920, and whether such amount was an ordinary and necessary expense of the business..

We are of the opinion from a consideration of the entire evidence that both of these questions must be answered in the affirmative.

Judgment will be entered on 15 days’ notice, under Rule 50.

Considered by Littleton, Love, and Teussell.

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