CAMERON, Circuit Judge.
This is a petition to review the Tax Court's holding that certain bonuses paid by the corporate taxpayer to its employees were deductible by the taxpayer in the years paid and not in the years earned. The Commissioner does not deny that the bonuses were properly deductible as "a reasonable allowance for salaries or other compensation for personal services actually rendered;"
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.