Case Name: F. C. WEST CORPORATION, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1926-07-31
Citations: 4 B.T.A. 629
Docket Number: Docket No. 6872
Parties: F. C. WEST CORPORATION, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.
Judges: Before Steenhagen, Littleton, and Trttssell.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 4
Pages: 629–633

Head Matter:
F. C. WEST CORPORATION, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent.
Docket No. 6872.
Decided July 31, 1926.
F. G. West for the petitioner.
L. G. Mitehell, Esq., for the respondent.
Before Steenhagen, Littleton, and Trttssell.

Opinion:
OPINION.
Littleton:
In view of the evidence, petitioner's income can not be ascribed primarily to the activities of the stockholders. We are of the opinion, however, from the evidence, that the petitioner should have been allowed a deduction of $7,500 as reasonable compensation for F. C. West, president.
Order of redetermination will be entered on 15 days' notice, under Bule 50.