Elliotts, Inc. v. Commissioner

Full Text of Court Cases
September 26, 1983
7699 Repair Shops and Related Services, NEC
811310 Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
federal taxation
dividends, income tax

Elliotts, Inc. v. Commissioner
716 F.2d 1241, 1983 U.S. App. LEXIS 16571
Federal Court
9th Circuit
United States Court of Appeals


Issue is whether part of the compensation paid Taxpayer's chief executive and sole shareholder constituted a dividend distribution and thus was not deductible under section 162(a)(1).