Bloomberg Tax
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Tax
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

Case: Certiorari Denied Where Evidence Showed Constructive Dividends Based on Corporation’s Payment of Shareholders Personal Expenses (U.S.) (IRC §301)

Oct. 3, 2022, 5:00 AM

Certiorari denied in appeal of Ninth Circuit Court of Appeals’ holding that the U.S. Tax Court did not clearly err by finding that a taxpayer received and failed to report constructive dividends because this finding was supported by ample evidence in the record. [Combs v. Commissioner, No. 21-1528 (U.S. Oct. 3, 2022)]

Reference:
View Source Document.