Vandelay Oil Corp. v. Comm’r of Internal Revenue

Year: 2019 (Vol. 43)

Topics: Tax

Question(s) presented: Whether the independent investor test should create a presumption in favor of the taxpayer when determining if employee compensation is “reasonable” for a tax deduction claimed by a business under I.R.C. § 162(a)(1).

Format: Word and PDF

Prepared by: Eddy Duan