Opinion

Black River Sand Corp. v. Commissioner

  • 18 B.T.A. 490
  • 1929 BTA LEXIS 2031
Court
United States Board of Tax Appeals
Filed
Dec 12, 1929
Status
Published
On the bench
Hagen, Black, Morris, Smith, Agree
Cited by
0 cases

The opinion

Van Foss an,

dissenting: I dissent on the allowance of the deduction under the covenant to refrain from competition. The contract did not provide for any payment for keeping the covenant, nor was the $6,000 payment divisible, as permitted by the opinion.

Smith, Steen hagen, and Black: agree with the above 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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