Menard v. Commissioner (II)

BVLaw
Full Text of Court Cases
March 10, 2009
5211 Lumber and Other Building Materials Dealers
444110 Home Centers
federal taxation
reasonable compensation

Menard v. Commissioner (II)
2009 WL 595587 (C. A. 7)
US
Federal Court
7th Circuit
Court of Appeals
Posner

Summary

Seventh Circuit reverses Tax Court’s determination of reasonable compensation for CEO of third largest retail hardware chain, questioning its reliance on investor rate of return as the sole driver of a decision, and rejecting its comparison to comparable ...
Menard v. Commissioner
PDF, Size: 97 KB

See Also

Tax Court’s Adjustment to Reasonable Compensation ‘Dizzying and Arbitrary’

7th Circuit reverses Tax Court’s determination of reasonable compensation for CEO of third largest retail hardware chain, questioning its reliance on investor rate of return as the sole driver of a decision.