Waimanalo Sugar Co. v. Commissioner
This text of 12 B.T.A. 1241 (Waimanalo Sugar 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
[1244]*1244OPINION.
The issues involved in this proceeding are the same as the issues decided by the Board in Kahuku Plantation Co., 12 B. T. A. 977. The record in the two cases is substantially the same. Upon the authority of the decision in that case it is held that the Commissioner erred in including the payment on account of the net losses to the 1921 crop in computing petitioner’s taxable income for 1920, and that the action of the respondent with respect to the payment for 1922 losses is approved.
Decision will be entered under Rule 50.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
12 B.T.A. 1241, 1928 BTA LEXIS 3384, Counsel Stack Legal Research, https://law.counselstack.com/opinion/waimanalo-sugar-co-v-commissioner-bta-1928.