Case Name: Beach Amusement Corporation, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1928-11-19
Citations: 14 B.T.A. 338
Docket Number: Docket No. 18288
Parties: Beach Amusement Corporation, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 14
Pages: 338–339

Head Matter:
Beach Amusement Corporation, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 18288.
Promulgated November 19, 1928.
II. Ivor Thomas, Esq., and Irwin G. Louis, Esq., for the petitioner.
Shelby S. Faulkner, Esq., for the respondent.

Opinion:
OPINION.
MaRqtjette :
The evidence that has been presented to us is not satisfactory. It shows, however, that the Dodgem cars operated by the petitioner did not have a useful life of 10 years as determined by the respondent. We are of opinion that the average useful life of the cars in question was 5 years, and that the petitioner, in computing its net income for 1921 is entitled to a deduction for the depreciation of these cars computed on that basis.
Judgment will he entered wnder Rule 50.