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- Midland Empire Packing Company v. Commissioner, 14 T.C. 635 (1950), was a case in which the United States Tax Court ruled that Midland Empire Packing Company was permitted to deduct the costs of lining its basement walls and floor. The costs were held to be repairs, and thus deductible as an ordinary and necessary business expense under section 162(a) of the Internal Revenue Code. (en)
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- 7817 (xsd:nonNegativeInteger)
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- Midland Empire Packing Company v. Commissioner, 14 T.C. 635 (en)
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- Midland Empire Packing Company v. Commissioner of Internal Revenue (en)
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- Midland Empire Packing Company v. Commissioner (en)
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- The Tax Court found that the taxpayer could deduct the cost of lining the walls in the basement of his business to prevent oil from seeping in because, in doing so, the taxpayer did not add value to his business but merely returned it to its original useful value. (en)
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- Google Scholar (en)
- Leagle (en)
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- Midland Empire Packing Company v. Commissioner, 14 T.C. 635 (1950), was a case in which the United States Tax Court ruled that Midland Empire Packing Company was permitted to deduct the costs of lining its basement walls and floor. The costs were held to be repairs, and thus deductible as an ordinary and necessary business expense under section 162(a) of the Internal Revenue Code. (en)
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- Midland Empire Packing Co. v. Commissioner (en)
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