Old Colony Trust Co. v. Commissioner

*652OPINION.

Littleton :

On the authority of the opinion of the Board in Providence & Worcester R. R. Co., 5 B. T. A. 1186, the action of the Commissioner in holding that the amount of tax paid by the American Woolen Co. upon the petitioner’s income was taxable income to him in the year in which paid is approved.

Reviewed by the Board.

Judgment will ~be entered for the respondent.