Greenwald v. Commissioner
United States Tax Court
Held, on the facts disclosed by the record a profit-sharing plan which had at one time been approved was no longer entitled to be treated as qualified where drastic changes had occurred in the operation of the plan requiring its disqualification.
1Opinion of the Court
Harold D. Greenwald and Nana Greenwald, Petitioners, v. Commissioner of Internal Revenue, Respondent
Greenwald v. Commissioner
Docket No. 2190-62
United States Tax Court
44 T.C. 137; 1965 U.S. Tax Ct. LEXIS 93;
April 30, 1965, Filed
Decision will be entered under Rule 50.
Held, on the facts disclosed by the record a profit-sharing plan which had at one time been approved was no longer entitled to be treated as qualified where drastic changes had occurred in the operation of the plan requiring its disqualification.
John P. Allison and Matthew B. Krasner, for the petitioners.
James Q. Smith and Paul H.…
2Cases cited3 opinions
- Greenwald v. CommissionerUnited States Tax Court · 1965
- Sherwood Swan & Co. v. CommissionerUnited States Tax Court · 1964
- Birnie v. CommissionerUnited States Tax Court · 1953