Langley Park Apartments, Sec. C, Inc. v. Commissioner of Internal Revenue
U.S. Court of Appeals for the Fourth Circuit
Langley Park Apartments, Sec. C, Inc. v. Commissioner of Internal Revenue, 359 F.2d 427 (4th Cir. 1966)
17 A.F.T.R.2d (RIA) 875; 1966 U.S. App. LEXIS 6591
Langley Park Apartments, Sec. C, Inc. v. Commissioner of Internal Revenue
Opinion
For reasons which sufficiently appear from the opinion of the Tax Court, we cannot say that the limitation of the corporate salary deduction to $1500 a year was unreasonable or that the findings are clearly erroneous. See, also Miles-Conley Co. v. Commissioner of Internal Revenue, 4 Cir., 173 F.2d 958.
Affirmed.
Reference
- Full Case Name
- LANGLEY PARK APARTMENTS, SEC. C, INC., Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent
- Cited By
- 7 cases
- Status
- Published