Case: Leighton Brothers Printing Co., Petitioner, v. Commissioner of Internal Revenue, Respondent
Abbreviation: Leighton Bros. Printing Co. v. Commissioner
Decision Date: 1927-10-25
Docket Number: Docket No. 10329
Citation: 8 B.T.A. 1006
Volume: 8
Reporter: Reports of the United States Board of Tax Appeals
Court: United States Board of Tax Appeals
Jurisdiction: United States
Parties: Leighton Brothers Printing Co., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: Considered by Littleton, Love, and Teussell.
Pages: 1006–1008

Head Matter:
Leighton Brothers Printing Co., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 10329.
Promulgated October 25, 1927.
W. Yale Smiley, Esq., for the petitioner.
James A. O’Oallagkm., Asgi, for the respondent.

Opinion:
OPINION.
Smith :
The only questions for the determination of the Board in this proceeding are the reasonableness of the salary paid to the president for the year 1920, and whether such amount was an ordinary and necessary expense of the business..
We are of the opinion from a consideration of the entire evidence that both of these questions must be answered in the affirmative.
Judgment will be entered on 15 days' notice, under Rule 50.
Considered by Littleton, Love, and Teussell.