P. Hagerty Shoe Co. v. Commissioner
15 B.T.A. 1034, 1929 BTA LEXIS 2743
CourtUnited States Board of Tax Appeals
DecidedMarch 22, 1929
DocketDocket No. 16023.
StatusPublished
Cited by1 cases
This text of 15 B.T.A. 1034 (P. Hagerty Shoe 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
P. Hagerty Shoe Co. v. Commissioner, 15 B.T.A. 1034, 1929 BTA LEXIS 2743 (bta 1929).
Opinion
[1035]*1035OPINION.
We have heretofore held in L. S. Ayers & Co., 1 B. T. A. 1135, that the invested capital of a corporation may not be reduced in determining the extent to which dividends are paid from current earnings by a “ tentative tax ” theoretically set aside out of such earnings and prorated over the year.
Judgment will he entered u/nder Bule 50.
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Related
P. Hagerty Shoe Co. v. Commissioner
15 B.T.A. 1034 (Board of Tax Appeals, 1929)
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Bluebook (online)
15 B.T.A. 1034, 1929 BTA LEXIS 2743, Counsel Stack Legal Research, https://law.counselstack.com/opinion/p-hagerty-shoe-co-v-commissioner-bta-1929.