Commissioner v. Danielson

U.S. Court of Appeals, Third Circuit · Decided 1967-05-02

Cited by 296 later decision(s) in our corpus · see the citation network in Lexace

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OPINION OF THE COURT SEITZ, Circuit Judge. This is the decision on various petitions of the Commissioner of Internal Revenue to review a decision of the Tax Court of the United States determining the tax treatment of certain payments-which were recited in certain covenants-not to compete to be the consideration for such covenants. That court decided that the amount explicitly allocated as-payment for each…

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