Case Name: Appeal of JOHN H. WOOD CO.
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1926-05-05
Citations: 1 B.T.A. 1098
Docket Number: Docket No. 2254
Parties: Appeal of JOHN H. WOOD CO.
Judges: Before Geatjpnee, Teammell, and Green.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 1
Pages: 1098–1098

Head Matter:
Appeal of JOHN H. WOOD CO.
Docket No. 2254.
Submitted April 16, 1926;
decided May 5, 1926.
D. V. Johnston, C. P. A., for tbe taxpayer.
Willis D. Nance, Esq., for the Commissioner.
Before Geatjpnee, Teammell, and Green.

Opinion:
DECISION.
The determination of the Commissioner is approved. No satisfactory evidence was introduced to show that the good will carried on the taxpayer's books had an actual cash value, as required by section 326 of the Revenue Act of 1918, in order that good will may be included in invested capital.