Tax Court’s Calculation of Reasonable Compensation Using RMA Data Affirmed

Business Valuation Update BVLaw
Legal and Court Case Update
December 9, 2004

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1521 General Contractors-Single-Family Houses
236115 New Single-Family Housing Construction (except For-Sale Builders)
federal taxation
reasonable compensation
Brewer Quality Homes, Inc. v. Commissioner (II)
No. 03-61040 (5th Cir. 2004), unpublished
US
Federal Court
5th Circuit
United States Court of Appeals
Per Curiam

Summary

The U.S. Court of Appeals for the 5th Circuit affirmed the Tax Court’s determination of reasonable and deductible compensation for an owner of a Louisiana mobile home dealership.

See Also

Brewer Quality Homes, Inc. v. Commissioner (II)

Full Text of Court Cases
December 9, 2004

The U.S. Court of Appeals for the Fifth Circuit affirmed the Tax Court’s determination of reasonable and deductible compensation for an owner of a Louisiana mobile home dealership. The compensation was calculated using RMA data for compensation to gross s ...