Lutz v. Commissioner
2 B.T.A. 484, 1925 BTA LEXIS 2353
CourtUnited States Board of Tax Appeals
DecidedSeptember 8, 1925
DocketDocket No. 1954.
StatusPublished
This text of 2 B.T.A. 484 (Lutz 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
Lutz v. Commissioner, 2 B.T.A. 484, 1925 BTA LEXIS 2353 (bta 1925).
Opinion
[485]*485OPINION.
The taxpayer contends that the $23,000 paid as an assessment on his stock during 1922 is a deductible loss in that year.
The question presented is whether or not the sum paid as an assessment was a loss or an additional investment of capital. On the facts before us we are clearly of opinion that the assessment was an additional investment of capital.
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Related
Appeal of Lutz
2 B.T.A. 484 (Board of Tax Appeals, 1925)
Cite This Page — Counsel Stack
Bluebook (online)
2 B.T.A. 484, 1925 BTA LEXIS 2353, Counsel Stack Legal Research, https://law.counselstack.com/opinion/lutz-v-commissioner-bta-1925.