Mad Auto Wrecking v. Commissioner
United States Tax Court
Held: Compensation paid by P to its only two officers/shareholders is reasonable.
1Opinion of the Court
MAD AUTO WRECKING, INC., Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Mad Auto Wrecking v. Commissioner
Docket No. 1959-94
United States Tax Court
T.C. Memo 1995-153; 1995 Tax Ct. Memo LEXIS 146; 69 T.C.M. (CCH) 2330;
April 5, 1995, Filed
Decision will be entered for petitioner.
Held: Compensation paid by P to its only two officers/shareholders is reasonable.
For petitioner: Mark C. Goldenberg.
For respondent: Thomas C. Pliske.
LARO
LARO
MEMORANDUM FINDINGS OF FACT AND OPINION
LARO, Judge: Mad Auto Wrecking, Inc. petitioned the Court to redetermine respondent's determination of deficiencies…
2Cases cited28 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- Lucas v. Ox Fibre Brush Co.Supreme Court of the United States · 1930
- Parker v. CommissionerUnited States Tax Court · 1986
- Mayson Mfg. Co. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1949
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