Transupport, Inc. v. Commissioner – Court rejects compensation expert’s “result oriented” approach
$225.00
Description
Abstract: Perceived independence is critical when it comes to the effectiveness of expert witness testimony. This article discusses a recent case in which the U.S. Tax Court rejected an expert’s testimony on the reasonableness of compensation paid to shareholder-employees, because he’d failed to provide an “independent and objective analysis.” Transupport, Inc. v. Commissioner, T.C. Memo 2016-216 (November 23, 2016)
Additional information
Year | |
---|---|
Niche | |
Newsletter | Valuation & Litigation Briefing / Litigation & Valuation Report |
Issue | |
Word Count |