Legal Opinion
Shaffstall Corp. v. United States
District Court, S.D. Indiana
Decided July 7, 1986No. IP 83-101-CPublishedCited by 3 opinions
1Opinion of the Court
FINDINGS OF FACT AND CONCLUSIONS OF LAW
STECKLER, District Judge.
This matter is before the Court on plaintiff Shaffstall Corporation’s suit for a refund of income tax assessed by the Commissioner of the Internal Revenue Service. Based on an audit of plaintiff’s tax return for fiscal year 1979, the Commissioner disallowed $89,951.00 of the plaintiff’s deduction for compensation paid to Everett L. Shaffstall (Shaffstall). The Commissioner determined that only $282,218.00 was reasonable compensation for Shaffstall’s services rather than the $372,169.00 that plaintiff had actually paid to…
2Cases cited5 opinions
- Elliotts, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1983
- Edwin's, Inc. v. United StatesCourt of Appeals for the Seventh Circuit · 1974
- Petro-Chem Marketing Co. v. United StatesUnited States Court of Claims · 1979
- Trucks, Inc. v. United StatesDistrict Court, D. Nebraska · 1984
- Webster Tool & Die, Inc. v. CommissionerUnited States Tax Court · 1985
3Cited by3 opinions
- Estate of Wallace v. CommissionerUnited States Tax Court · 1990
- Labelgraphics, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 2000
- Estate of Wallace v. CommissionerUnited States Tax Court · 1990