Summary
The Tax Court considered whether the compensation paid by a holding company to its shareholder, a husband and wife, was reasonable and deductible under IRC Sec. 162.
Metro Leasing and Development Corporation, East Bay Chevrolet Company v. CIR
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See Also
Tax Court Bemoaned Lack of Expert Testimony
The Tax Court considered whether the compensation a holding company paid to its shareholder, a husband and wife, was reasonable and deductible under IRC Sec. 162.