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(DOWNLOAD) "Cohen v. Colorado" by Supreme Court of Florida ~ eBook PDF Kindle ePub Free

Cohen v. Colorado

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eBook details

  • Title: Cohen v. Colorado
  • Author : Supreme Court of Florida
  • Release Date : January 16, 1979
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 52 KB

Description

The Cohens, on their 1974 federal and Colorado joint income tax returns, reported their respective shares of the Al Cohen Construction Company earnings for its fiscal year ending June 30, 1974, in substantial amounts proportionate to their respective percentages of stock ownership. They paid federal and Colorado income taxes on these amounts. In addition to paying taxes on his proportionate share of the corporations undistributed 1974 earnings, Mr. Cohen also reported and paid tax on a salary paid to him by the corporation during 1974. However, the taxpayers did not pay any Colorado surtax on their respective shares of the corporations 1974 earnings.


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