Mayson Mfg. Co. 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.

• bonus contracts basically unchanged since they were negotiated in 1929, held reasonable for taxable year 1943
• inference applied against government where it failed to produce expert witness as to reasonableness of certain salaries
• bonus plan established by board of directors for minority shareholders was an arm's-length transaction
• larger compensation paid in a particularly successful year was reasonable

Source: CourtListener parenthetical corpus (CC0).