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Tax Appeals Decided by Supreme Court on Deductions
The Supreme Court rendered a unanimous revision of about six tax appeals including Fleet Ameri Jon Savings & Trust and First National Bank. The decision centers on whether losses from capital or from actual debts can be deducted under the 1901 law, affirming deductions for certain bad debts and indicating the complexities of when debts become worthless, with notes and collateral details from cases involving the sugar company and other firms.
MENTIONED IN THIS ARTICLE
Supreme CuFt
Fleet Ameri Jon Savings & Trust Co
Flat Nationa Bank
C. Brewer & Co
I O
Mall @ Son
Western and Hawaiian Invertment Co
Castle & Cooke
Jones
United States
Haw
Com, & Bug
C. Va
Aswonnor
England
Canada
Jossen
Man. Com
Sug
Antemor
Colum
Zonta Rco
Va U. By
U.S. vi. Mayer
Lawless Va
First American Savings & Trust Co
Naxional Bank
M. W. McChenney & Sons
Dex
Ax &Otal
Kona Sugar Co
M. W. McChesney & Bank
Lene Va Sullivan and Seld’s Brewery Co
Tax Appeal Court
C. Brewer & Co. Ltd
Koga Bugar Co
SM. W. McChesney & Sons
Dusleae
MM. W. McChesney
Kana Sugar Co
M. W. McChevnry
Hawaiian Navigation Co., Ltd
Kone Sugar Co
American Sugar Co
Ind
A. H. Moviellan
Desten
An Sugar Co
American Sugar C Cloflan
Hill de Sum, Ltd
Kena Sugar Co
Castle & Cooke, Ltd
Hawatung Automobile Co., Ltd
Astral