# Washington Paper Stock Co. v. Commissioner

> United States Board of Tax Appeals · May 6, 1925 · 1 B.T.A. 1117

URL: https://www.frixlaw.com/law-library/cases/4487146

## Case

- **Full name:** Appeal of WASHINGTON PAPER STOCK CO.
- **Court:** United States Board of Tax Appeals
- **Decided:** May 6, 1925
- **Citations:** 1 B.T.A. 1117; 1925 BTA LEXIS 2664
- **Precedential status:** Published
- **Opinion:** Opinion of the court
- **Judges:** Koener, Ivins, Maequette
- **Cited by:** 0 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/4487146

## Opinion text

DECISION.
The determination of the Commissioner is disapproved in part. There should be allowed, as a loss by fire not compensated for by insurance or otherwise, in the year 1920, the amount of depreciation disallowed in 1919 and 1920, and the net income for 1920 should be reduced by $5,000 salaries payable to officers, erroneously included as income. The deficiency will be settled on consent or on seven days’ notice under Rule 50.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4487146. Public record. Not legal advice.