Palmetto Pump and Irrigation Company v. Laurie W. Tomlinson, District Director of Internal Revenue for the District of Florida
U.S. Court of Appeals for the Fifth Circuit
Palmetto Pump and Irrigation Company v. Laurie W. Tomlinson, District Director of Internal Revenue for the District of Florida, 313 F.2d 220 (5th Cir. 1963)
11 A.F.T.R.2d (RIA) 682; 1963 U.S. App. LEXIS 6210
Palmetto Pump and Irrigation Company v. Laurie W. Tomlinson, District Director of Internal Revenue for the District of Florida
Opinion
Appellant sued to recover income taxes paid which it alleged were erroneously and illegally assessed. The issue presented was what amounted to reasonable compensation for corporate officers under 26 U.S.C.A. § 162. This appeal is from the judgment entered on a jury verdict for appellee.
We are convinced from a careful review that the evidence was sufficient to sustain the verdict, that no prejudicial error exists, and that the appeal is without merit. It follows that the judgment should be and is
Affirmed.
Reference
- Full Case Name
- PALMETTO PUMP AND IRRIGATION COMPANY, Appellant, v. Laurie W. TOMLINSON, District Director of Internal Revenue for the District of Florida, Appellee
- Status
- Published