Pepsi--Cola Bottling Company of Salina, Inc. v. Commissioner of Internal Revenue

U.S. Court of Appeals, Tenth Circuit · Decided 1976-01-21

Cited by 106 later decision(s) in our corpus · see the citation network in Lexace

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HOLLOWAY, Circuit Judge. This appeal challenges a determination made by the Commissioner of Internal Revenue that compensation paid to the executive officer of a closely held corporation was unreasonably high in three tax years, deductions for the full amount of the compensation should be denied, and that deficiencies existed. The Tax Court sustained the findings of unreasonable…

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