Unreasonable compensation and the independent investor test
Article Abstract:
The authors analyze issues regarding the taxation of unreasonable compensation in close corporations and the application of the independent investor test to determine the tax on such compensation.
Publication Name: Taxes: The Tax Magazine
Subject: Business
ISSN: 0040-0181
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Is there a Supreme Court mandate on capitalizing expenditures?
Article Abstract:
The author discusses the dispute among US courts on whether corporate restructuring expenditures must be capitalized or can be deducted.
Publication Name: Taxes: The Tax Magazine
Subject: Business
ISSN: 0040-0181
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Compensation expense: intent is critical
Article Abstract:
The authors discuss the aspect of intent when making compensation payments to stockholder-employees in regards to expense deductions.
Publication Name: Taxes: The Tax Magazine
Subject: Business
ISSN: 0040-0181
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Electronic commerce transformation - an unprecedented tax planning opportunity
- Abstracts: Volume for winners and losers: taxation and other motives for stock trading. Stock repurchases in Canada: performance and strategic trading
- Abstracts: Shared knowledge, "glitches." and product development performance. Management heterogeneity, competitive interaction groups, and firm performance
- Abstracts: Exports and domestic sales: Their interrelationship and determinants. Agglomeration economies, firm heterogeneity, and foreign direct investment in the United States