Alpha Medical, Inc., Formerly Known as Alpha Medical Management, Inc. v. Commissioner of Internal Revenue

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• Court held that compensation of $ 4,439,180 paid to the president and sole shareholder of a medical management corporation was reasonable because the taxpayer was financially successful
• Court derived return on equity by taking increase in equity for the year at issue plus the dividends paid that year, divided by shareholder's $ 1,000 capital investment plus retained earnings at the beginning of that year
• a factor favoring neither party is neutral

Source: CourtListener parenthetical corpus (CC0).