# Hagen Advertising Displays, Inc. v. Commissioner

> United States Tax Court · November 18, 1966 · 47 T.C. 139

URL: https://www.frixlaw.com/law-library/cases/4480453

## Case

- **Full name:** Hagen Advertising Displays, Inc. v. Commissioner of Internal Revenue
- **Court:** United States Tax Court
- **Decided:** November 18, 1966
- **Citations:** 47 T.C. 139; 1966 U.S. Tax Ct. LEXIS 21
- **Precedential status:** Published
- **Opinion:** Concurrence by Witiiey
- **Judges:** Forrester,Withey,Hoyt,Forrester
- **Cited by:** 25 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4480453

## Opinion text

Witiiey, J., concurring: I concur in both the reasoning and conclusion of the majority opinion but would add that the findings here indicate rather conclusively that whatever costs of manufacture of signs already paid for existed, petitioner still at the end of the annual taxable period owned the benefits thereof because such signs either completely or partially built remained in its inventory at that time and it therefore had no cost of goods sold with respect thereto which constituted an offset against receipts.

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4480453. Public record. Not legal advice.