Medbury-Wilson Co. v. Commissioner
This text of 1 B.T.A. 963 (Medbury-Wilson 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.
Opinion
[966]*966DECISION.
A careful analysis of the record of this appeal has led the Board to the conclusion that a very large, although not definitely measured, portion of the gross income of the taxpayer comes to it, not through the personal services of its stockholders, but through its association and close business relations with two important and substantially capitalized corporate organizations, whose manifold business interests control the flow of the insurance business into the office.of the taxpayer, and therefore the taxpayer was not, during the year 1918, a personal service corporation.
The deficiency in tax computed by the Commissioner is approved.
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Cite This Page — Counsel Stack
1 B.T.A. 963, 1925 BTA LEXIS 2735, Counsel Stack Legal Research, https://law.counselstack.com/opinion/medbury-wilson-co-v-commissioner-bta-1925.