Case Name: First National Bank of Rock Rapids, Iowa, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1927-04-13
Citations: 6 B.T.A. 816
Docket Number: Docket No. 687
Parties: First National Bank of Rock Rapids, Iowa, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Reporter: Reports of the United States Board of Tax Appeals
Volume: 6
Pages: 816–816

Head Matter:
First National Bank of Rock Rapids, Iowa, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 687.
Promulgated April 13, 1927.
M. J. Holland, G. P. A., for the petitioner.
L. G. Mitchell, Esg., for the respondent.

Opinion:
OPINION.
Green :
We have considered the evidence and are of the opinion that the amounts of $655.25 and $714 were payments of compensation for services rendered and are deductible in the year when paid.
Judgment will be entered for the petitioner on the issues raised after 15 days' notice, under Rule 50.