(DOWNLOAD) "Bauer Bros. Co. v. Commissioner of Internal Revenue" by Sixth Circuit Circuit Court Of Appeals # Book PDF Kindle ePub Free
eBook details
- Title: Bauer Bros. Co. v. Commissioner of Internal Revenue
- Author : Sixth Circuit Circuit Court Of Appeals
- Release Date : January 09, 1931
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 65 KB
Description
The petition is filed to review a decision of the United States Board of Tax Appeals redetermining a deficiency in income and excess profits taxes for the year 1918 against the petitioner. The petitioner kept its books, and its income was reported upon an accrual basis. In its return for 1918 it deducted as an expense for that year bonuses allowed to certain officers and employees which were paid in 1919, pursuant to a resolution passed at a meeting of its board of directors in the latter year. This deduction was disallowed by the Commissioner of Internal Revenue as an expense for 1918, and, upon appeal to the United States Board of Tax Appeals, the Commissioners finding was upheld. Since the errors complained of in the decision of the Board of Tax Appeals are with a single exception, which is not deemed material, errors of law and not erroneous findings of fact, we accept the facts as found by the Board of Tax Appeals.
 "Bauer Bros. Co. v. Commissioner of Internal Revenue" by Sixth Circuit Circuit Court Of Appeals # Book PDF Kindle ePub Free){kind=link}