Beals Bros. Management Corp. — Appeals Court Disallows Scheme to Shift ESOP Benefits to Corporate Officers

BVResearch Pro
Willamette Insights
May 1, 2003
Robert Reilly, CPA

Summary

The case, Beals Bros. Management Corp. v. Commissioner, 300 F.3d 963 (8th Cir. 2002), affÆg T.C. Memo 2001-234 (Sept. 6, 2001), results from the taxpayerÆs challenge of the ServiceÆs determination that the taxpayerÆs employee stock ownership plan (ESO ...
Beals Bros. Management Corp. — Appeals Court Disallows Scheme to Shift ESOP Benefits to Corporate Officers
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