neutral
Cited (no substantive treatment)
0.2 score
Retrieving the full opinion text from the archive…
Appeal of FEDERAL HOLDING CO.
Docket No. 2003..
United States Board of Tax Appeals.
May 20, 1925.
Arthur L. Jones, C.P.A., for the taxpayer. A. J. Seaton, Esq., for the Commissioner.
James, Littleton, Teussell.
Published
[*1145] DECISION.
The income of the taxpayer should be recomputed by allowing a depreciation rate of 3 per cent. Final determination will be settled on consent or on 10 days’ notice, in accordance with Rule 50.