W. J. Perry Corp. v. Commissioner
1 B.T.A. 788, 1925 BTA LEXIS 2793
Opinion
[790] DECISION.
The facts in this appeal are substantially the same as those in the Appeal of Joseph Emsheimer Insurance Agency, 1 B. T. A. 649. Approximately one-half of the net income of the taxpayer is ascribable primarily to the activities of subagents. Such income is not ascribable primarily to the activities of the principal stockholders of the taxpayer.
The determination of the Commissioner is approved.
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W. J. Perry Corp. v. Commissioner, 1 B.T.A. 788, 1925 BTA LEXIS 2793 (bta 1925).
1 B.T.A. 788 (W. J. Perry Corp. v. Commissioner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Appeal of W. J. Perry Corp.
1 B.T.A. 788 (Board of Tax Appeals, 1925)