U.S. Court of Appeals for the Fifth Circuit, 1963

Palmetto Pump and Irrigation Company v. Laurie W. Tomlinson, District Director of Internal Revenue for the District of Florida

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 · Decided February 6, 1963 · Brown, Gewin, Bell
313 F.2d 220; 11 A.F.T.R.2d (RIA) 682; 1963 U.S. App. LEXIS 6210 (Federal Reporter, Second Series)

Palmetto Pump and Irrigation Company v. Laurie W. Tomlinson, District Director of Internal Revenue for the District of Florida

Opinion

PER CURIAM.

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.

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