Summary
The U.S. Tax Court determined that compensation paid to owner-shareholders was reasonable and deductible under I.R.C. sec. 162. In reaching this conclusion the Court rejected a comparison of the contested compensation to data from industry surveys complie ...
Miller & Sons, Inc. v. CIR
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See Also
ERI, RMA, and NIBM Data Rejected in Reasonable Compensation Determination
The U.S. Tax Court determined that compensation paid to owner-shareholders was reasonable and deductible under I.R.C. sec. 162.