Constructive dividends and intercorporate transfers: Mews turns back the hands of time.: An article from: The National Public Accountant

This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on August 1, 1993. The length of the article is 2625 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The use of intercorporate transfers between related corporations by some shareholders in order to avoid reporting dividend income has been overturned by a recent court decision. In the US vs Mews case, the Seventh Circuit Court of Appeals has made it imperative for the taxpayer to show a business purpose for such transfers and to demonstrate that he has not personally benefitted as a result of the transfer.

Citation Details
Title: Constructive dividends and intercorporate transfers: Mews turns back the hands of time.
Author: Edward J. Schnee
Publication:The National Public Accountant (Magazine/Journal)
Date: August 1, 1993
Publisher: National Society of Public Accountants
Volume: v38 Issue: n8 Page: p32(4)

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