Case: J. H. Taylor Construction Co., Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent
Abbreviation: J. H. Taylor Construction Co. v. Commissioner
Decision Date: 1928-08-06
Docket Number: Docket No. 11877
Citation: 13 B.T.A. 238
Volume: 13
Reporter: Reports of the United States Board of Tax Appeals
Court: United States Board of Tax Appeals
Jurisdiction: United States
Parties: J. H. Taylor Construction Co., Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: 
Pages: 238–240

Head Matter:
J. H. Taylor Construction Co., Inc., Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 11877.
Promulgated August 6, 1928.
Monte Appel, Esq., and Nathan I). Stern, Esq., for the petitioner.
A. H. Murray, Esq., and LeRoy L. Eight, Esq., for the respondent.

Opinion:
OPINION.
Smith:
There can be no question in this case that the income of the petitioner was ascribable primarily to the activities of the principal stockholders who were themselves regularly engaged in the active conduct of the affairs of the corporation. Capital was not a material income-producing factor. The petitioner meets all the requirements of a personal service corporation as defined in section 200 of the Revenue Act of 1918.
Judgment of no deficiency will be entered for the fetitioner.