Bickford v. Commonwealth

Opinion by

Judge Craig,

Fourteen taxpayers,1 former key employees of Bethlehem Steel Corporation, appeal the order of the Board of Finance and Revenue, denying their petitions for refunds of Pennsylvania personal income taxes paid in the years 1980 through 1983.

The following findings of feet, by this court, are drawn from the parties’ stipulation of facts. In 1959, the *250shareholders of the corporation amended the articles of incorporation to provide an incentive program for employee-directors. This program, the Special Incentive Compensation Plan (SICP), provided that every year the…