Case: C. M. Nusbaum, Petitioner, v. Commissioner of Internal Revenue, Respondent
Abbreviation: Nusbaum v. Commissioner
Decision Date: 1928-02-13
Docket Number: Docket No. 7046
Citation: 10 B.T.A. 664
Volume: 10
Reporter: Reports of the United States Board of Tax Appeals
Court: United States Board of Tax Appeals
Jurisdiction: United States
Parties: C. M. Nusbaum, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Pages: 664–665

Head Matter:
C. M. Nusbaum, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 7046.
Promulgated February 13, 1928.
Phil D. Moreloch, Esq., for the petitioner.
L. A. Luce, Esq., for the respondent.

Opinion:
OPINION.
Lansdon:
The only question here is whether the amount paid by the petitioner to Carney was a capital expenditure or an expense in the nature of a fee for professional services. Even if the payment was a fee for services rendered, the respondent maintains that it was not an expense deductible from gross income of the petitioner for the taxable year, but a capital outlay incident to the acquisition of the lease.
Upon authority of many cases already decided by the Board, we must approve the determination of the respondent. Appeal of Crompton Building Corporation, 2 B. T. A. 1056; Appeal of D. N. & E. Walter & Co., 4 B. T. A. 142; Appeal of Lincoln L. McCandless, 5 B. T. A. 1114.
No evidence relating to the deficiency for 1921 having been presented, the determination of the respondent is approved.
Reviewed by the Board.
Judgment will Toe entered for the respondent.