# Algoma Lumber Co. v. Commissioner

> United States Board of Tax Appeals · September 8, 1925 · 2 B.T.A. 511

URL: https://www.frixlaw.com/law-library/cases/4503627

## Case

- **Full name:** APPEAL OF ALGOMA LUMBER CO.
- **Court:** United States Board of Tax Appeals
- **Decided:** September 8, 1925
- **Citations:** 2 B.T.A. 511; 1925 BTA LEXIS 2366
- **Precedential status:** Published
- **Opinion:** Opinion of the court
- **Judges:** Littleton, Artjndell, Smith
- **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/4503627

## Opinion text

This appeal is from a determination of deficiencies in income and profits tax for the years 1917 and 1918 in an amount less than $10,000. In its petition the taxpayer alleges that the Commissioner has erroneously disallowed the deduction from gross income of each of the years 1917 and 1918 of losses sustained as a result of beetle damage *512 in its timber reserves. No evidence in support of the allegation of error was introduced at the hearing.
FINDINGS OF FACT.
The taxpayer is a California corporation with its principal office at Los Angeles. In an audit of its income-tax returns for the years 1917 and 1918 the Commissioner disallowed the deduction of $5,982.32 and $8,466.52, respectively, as loss from beetle damage. This loss was predicated upon a claimed value of timber at March 1, 1913, in excess of cost.
DECISION.
The determination of the Commissioner is approved.
ARTjndell not participating.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4503627. Public record. Not legal advice.