United States Tax Court.
Memorandum Findings of Fact and Opinion
WILES, Judge:
Respondent determined a deficiency in petitioner's income taxes of $14,889.90 for its fiscal year ending September 30, 1969. The sole issue is whether compensation paid to two of petitioner's officers was reasonable and thus deductible under section 162(a)(1).
Findings of Fact
Petitioner, a Kentucky corporation, had its principal place of business in Radcliff...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.