Case Name: J. H. Taylor Construction Co., Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1928-08-06
Citations: 13 B.T.A. 238
Docket Number: Docket No. 11877
Parties: J. H. Taylor Construction Co., Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 13
Pages: 238–240

Head Matter:
J. H. Taylor Construction Co., Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 11877.
Promulgated August 6, 1928.
Monte Appel, Esq., and Nathan I). Stern, Esq., for the petitioner.
A. H. Murray, Esq., and LeRoy L. Eight, Esq., for the respondent.

Opinion:
OPINION.
Smith:
There can be no question in this case that the income of the petitioner was ascribable primarily to the activities of the principal stockholders who were themselves regularly engaged in the active conduct of the affairs of the corporation. Capital was not a material income-producing factor. The petitioner meets all the requirements of a personal service corporation as defined in section 200 of the Revenue Act of 1918.
Judgment of no deficiency will be entered for the fetitioner.