National Sugar Mfg. Co. v. Commissioner
This text of 7 B.T.A. 577 (National Sugar Mfg. 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.
Opinions
[578]*578OPINION.
The sole issue relates to the inclusion in income for the year 1917, of the purported gain realized from the purchase and retirement by petitioner of its own bonds. Upon the authority of the decisions in the Appeals of Independent Brewing Co., 4 B. T. A. 870, and New Orleans, Texas & Mexico Ry. Co., 6 B. T. A. 436, and Houston Belt & Terminal Ry. Co. v. Commissioner, 6 B. T. A. 1364, the inclusion in income of the amount set forth in the findings of fact was in error.
Judgment will be entered on 15 days’ notice, under Bule 50.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
7 B.T.A. 577, 1927 BTA LEXIS 3152, Counsel Stack Legal Research, https://law.counselstack.com/opinion/national-sugar-mfg-co-v-commissioner-bta-1927.