Republic Engineers, Inc. v. Commissioner
United States Tax Court
Held, payment by petitioner to widow of deceased officer of predecessor corporation was not deductible as a business expense under sec. 162(a) and sec. 404(a)(5) ( sec. 1.404(a)-12, Income Tax Regs.).
1Opinion of the Court
Republic Engineers, Inc., Petitioner v. Commissioner of Internal Revenue, Respondent
Republic Engineers, Inc. v. Commissioner
Docket No. 1205-69
United States Tax Court
54 T.C. 702; 1970 U.S. Tax Ct. LEXIS 172;
March 31, 1970, Filed
Decision will be entered for the respondent.
Held, payment by petitioner to widow of deceased officer of predecessor corporation was not deductible as a business expense under sec. 162(a) and sec. 404(a)(5) ( sec. 1.404(a)-12, Income Tax Regs.).
Robert F. Ashley, for the petitioner.
D. Ronald Morello, for the respondent.
Quealy, Judge.
QUEALY
OPINION
Respondent determined a…
2Cases cited3 opinions
- Interstate Drop Forge Company, a Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1964
- Pacific Coast Steel Co. v. McLaughlinSupreme Court of the United States · 1933
- Republic Engineers, Inc. v. CommissionerUnited States Tax Court · 1970