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Federal Circuit: Employer Gets Sec. 83 Deduction Even if Taxpayer Doesn't Pay Income Tax on Bargain Element
U.S. Court of Appeals for the Federal Circuit via FindLaw
[Opinion] July 21, 2003 Robinson v. U.S., No. 02-5154 (Fed. Cir. Jul. 15, 2003). Excerpt by FindLaw: 'Under section 83(h) of the Internal Revenue Code, addressing deductions for employers who use property transfers (other than money) to compensate employees, the amount of the employer's deduction is the value of the transferred property that is includible in the employee's gross income as a matter of law as opposed to only the amount that is actually included in the employee's gross income. MORE >> |
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