Opinion

Mills v. Commissioner

  • 11 T.C. 25
  • 1948 U.S. Tax Ct. LEXIS 129
Court
United States Tax Court
Filed
Jul 14, 1948
Status
Published
Author
Murdock
On the bench
Disney,Disney
Cited by
50 cases

The opinion

MuRdock, J., dissenting: The petitioner is not entitled to any deduction for interest. The machinery manufacturers computed imaginary interest in arriving at the amounts they would demand of the petitioner for the use of the machines, but the petitioner owed no debt, did not agree to pay interest and paid no interest.

Leech and Disney, JJ., agree with this dissent.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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