Case Name: Appeal of W. J. PERRY CORPORATION
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-03-17
Citations: 1 B.T.A. 788
Docket Number: Docket No. 1360
Parties: Appeal of W. J. PERRY CORPORATION.
Judges: Before GeaupNek, LaNsdoN, LittletoN, and Smith.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 1
Pages: 788–790

Head Matter:
Appeal of W. J. PERRY CORPORATION.
Docket No. 1360.
Submitted March 13, 1925;
decided March 17, 1925.
James A. Councilor, C. P. A., for the taxpayer.
J. Arthur Adams, Esq., for the Commissioner.
Before GeaupNek, LaNsdoN, LittletoN, and Smith.

Opinion:
DECISION.
The facts in this appeal are substantially the same as those in the Appeal of Joseph Emsheimer Insurance Agency, 1 B. T. A. 649. Approximately one-half of the net income of the taxpayer is ascribable primarily to the activities of subagents. Such income is not ascribable primarily to the activities of the principal stockholders of the taxpayer.
The determination of the Commissioner is approved.