Tax Court Bemoaned Lack of Expert Testimony

Business Valuation Update BVLaw
Legal and Court Case Update
May 18, 2001

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (600 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
6531 Real Estate Agents and Managers
531390 Other Activities Related to Real Estate
federal taxation
Metro Leasing and Development Corporation, East Bay Chevrolet Company v. CIR
T.C. Memo. 2001-119
US
Federal Court
United States Tax Court

Summary

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.

See Also

Metro Leasing and Development Corporation, East Bay Chevrolet Company v. CIR

Full Text of Court Cases
May 18, 2001

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.