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