Matter of Broadway Bretton, Inc. v. New York State Div. of Hous. & Community Renewal

How courts have described this case

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

• “voluntary payment of corporate expenses by officers, employees, or shareholders may not be deducted on the taxpayer’s individual return ... [but] constitute either capital contributions or loans to the corporation and are deductible, if at all, only by the corporation.”

Source: CourtListener parenthetical corpus (CC0).