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INLAND ASPHALT CO. v. C.I.R.

No. 84-7270.

756 F.2d 1425 (1985)

INLAND ASPHALT COMPANY, a Corporation, Robert M. and Elaine Corroll, husband and wife, Donald E. and Donna L. Tiede, husband and wife, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.

United States Court of Appeals, Ninth Circuit.

Decided April 2, 1985.

Attorney(s) appearing for the Case

Robert E. Kovacevich, Spokane, Wash., for petitioners-appellants.

Lisa Prager, Tax Div. U.S. Dept. of Justice, Washington, D.C., for respondent-appellee.

Before: WRIGHT, TANG, Circuit Judges, and B. THOMPSON, District Judge.

TANG, Circuit Judge:

Inland Asphalt Company, one of its shareholders and a former shareholder, appeal the tax court's ruling that corporate payments of personal tax deficiencies, paid by the corporation on behalf of the shareholders, constituted constructive dividends taxable to the shareholders. The court also ruled that the payments were nondeductible by the corporation as business expenses. We affirm.

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