Weight Given to Previous Compensation Levels When Determining Reasonable Compensation

Business Valuation Update BVLaw
Legal and Court Case Update
April 19, 1999

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8099 Health and Allied Services, NEC
621999 All Other Miscellaneous Ambulatory Health Care Services
federal taxation
Alpha Medical, Inc. (Alpha Medical II) v. CIR
1999 FED App. 0412P (6th Cir.)
US
Federal Court
6th Circuit
United States Court of Appeals
James Hughes <br> Bruce Benesh <br>
Merritt

Summary

The U.S. Court of Appeals for the 6th Circuit reversed the U.S. Tax Court and permitted Alpha Medical to deduct the full $4.4 million salary it paid its founder and CEO under IRC sec. 162.

See Also

Alpha Medical, Inc. (Alpha Medical II) v. CIR

Full Text of Court Cases
April 19, 1999

The U.S. Court of Appeals for the Sixth Circuit reversed the U.S. Tax Court and permitted Alpha Medical to deduct the full $4.4 million salary it paid its Founder and CEO under IRC sec. 162. The Sixth Circuit reviewed the lower court's analysis of the com ...