Tax Court Predicates Bonus on Increasing Asset Sale Price

Business Valuation UpdateVol. 19 No. 7
Legal and Court Case Update
July 2013
4832 Radio Broadcasting Stations
515111 Radio Networks
federal taxation

Aries Communications Inc. v. Commissioner
2013 Tax Ct. Memo LEXIS 111
April 10, 2013
US
Federal Court
Federal
United States Tax Court
Martin Wertlieb (petitioner); Andrew J. Caffrey, Mark R. Lipis (respondent)
Wherry

Summary

In determining reasonable compensation for an employee who is also the owner/operator of a company and enabled the profitable sale of its major assets, the Tax Court finds comparisons to similar corporations “difficult” given the company’s unique situatio ...

See Also

Aries Communications Inc. v. Commissioner

In determining reasonable compensation for an employee who is also the owner/operator of a company and enabled the profitable sale of its major assets, the Tax Court finds comparisons to similar corporations “difficult” given the company’s unique situatio ...