Olsen Water & Towing Co. v. Commissioner
1 B.T.A. 1149, 1925 BTA LEXIS 2643
Opinion
[1150] DECISION.
The item of $7,031.60 should be treated as income for the year 1919, and should not be apportioned over the period of the charter. The deficiency should be recomputed in accordance with this decision and the admissions as set forth on the part of the Commissioner, in so far as such admissions are material. Final determination will be settled on consent or on ten days’ notice, in accordance with Rule 50.
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Olsen Water & Towing Co. v. Commissioner, 1 B.T.A. 1149, 1925 BTA LEXIS 2643 (bta 1925).
1 B.T.A. 1149 (Olsen Water & Towing Co. v. Commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Appeal of Olsen Water & Towing Co.
1 B.T.A. 1149 (Board of Tax Appeals, 1925)