Thompson, C. v. Commissioner (I)

Full Text of Court Cases
June 24, 1997
5122 Drugs, Drug Proprietaries, and Druggists' Sundries
446120 Cosmetics, Beauty Supplies, and Perfume Stores
federal taxation

Thompson, C. v. Commissioner (I)
1997 Tax Ct. Memo LEXIS 341
Federal Court
United States Tax Court
Paul H. Meade <br> Mark L. Mitchell <br>


The Tax Court determined whether noncompete agreements executed in connection with the sale of a beauty supply business had economic reality. The court accepted the testimony of the taxpayer's expert who valued the business using the discounted cash flow ...
Charles B. Thompson. et al. v. CIR
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