Yakima Hop Co. v. Commissioner

Board of Tax Appeals

Yakima Hop Co. v. Commissioner

8 B.T.A. 441

CourtUnited States Board of Tax Appeals

DecidedOctober 3, 1927

DocketDocket No. 9527

StatusPublished

This text of 8 B.T.A. 441 (Yakima Hop 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.

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Yakima Hop Co. v. Commissioner, 8 B.T.A. 441 (bta 1927).

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Opinion

[442]*442OPINION.

Akundell :

The expenditures made by petitioner in 1921 added no capital asset to its property. Repairs such as were made in 1921, except for the extent thereof, were made every year and were neces-sar3? to keep the property in condition to operate. The cost of the repairs made was, in our opinion, a necessary expense and a proper deduction from income. Illinois Merchant Trust Co., Executor, 4 B. T. A. 103.

Judgment will be entered on 15 days’ notice, v/nder Rule 50.

Considered by Lansdon and Gkeen.

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[442]*442OPINION.

Akundell :

The expenditures made by petitioner in 1921 added no capital asset to its property. Repairs such as were made in 1921, except for the extent thereof, were made every year and were neces-sar3? to keep the property in condition to operate. The cost of the repairs made was, in our opinion, a necessary expense and a proper deduction from income. Illinois Merchant Trust Co., Executor, 4 B. T. A. 103.

Judgment will be entered on 15 days’ notice, v/nder Rule 50.

Considered by Lansdon and Gkeen.

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Bluebook (online)

8 B.T.A. 441, Counsel Stack Legal Research, https://law.counselstack.com/opinion/yakima-hop-co-v-commissioner-bta-1927.