Bedford Sportswear, Inc. v. Commissioner

1954 T.C. Memo. 91, 13 T.C.M. 634, 1954 Tax Ct. Memo LEXIS 162
CourtUnited States Tax Court
DecidedJune 30, 1954
DocketDocket Nos. 38016 and 44980.
StatusUnpublished

This text of 1954 T.C. Memo. 91 (Bedford Sportswear, Inc. v. Commissioner) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Bedford Sportswear, Inc. v. Commissioner, 1954 T.C. Memo. 91, 13 T.C.M. 634, 1954 Tax Ct. Memo LEXIS 162 (tax 1954).

Opinion

Bedford Sportswear, Inc. v. Commissioner.
Bedford Sportswear, Inc. v. Commissioner
Docket Nos. 38016 and 44980.
United States Tax Court
T.C. Memo 1954-91; 1954 Tax Ct. Memo LEXIS 162; 13 T.C.M. (CCH) 634; T.C.M. (RIA) 54196;
June 30, 1954, Filed

*162 The amounts which petitioner is entitled to deduct for each of the taxable years as a reasonable allowance for compensation for the services of the heads of petitioner's sales department during each taxable year are determined. Upon the facts: Held, that the 5 per cent less sales expenses "formula" is a proper method for measuring the total net amount of the commissions of the heads of the sales department as compensation for their services during each year. Held, further, that the amounts of the commissions in question were arrived at in good faith and in accordance with a customary method of computing commissions in the trade. Held, further, that the amounts of commissions were reasonable for each year.

Joseph Eckhaus, Esq., 51 Chambers Street, New York, N. Y., for the petitioner. William G. O'Neill, Esq., for the respondent.

HARRON

Memorandum Findings of Fact and Opinion

HARRON, Judge: The Commissioner determined deficiencies, for the years set forth below, in income, declared value excess profits, and excess profits taxes, as follows:

DeclaredExcess
Value ExcessProfits
YearIncome TaxProfits TaxTax
1942$ 220.11$18,887.01$129,277.12
19430913.9633,765.81
194402,646.2654,144.73
19450050,428.68
194623,545.8800
194719,073.3700
194816,471.9500
19494,847.6700

*163 For the year 1949, the respondent has made claim for increase in the amount of the deficiency in income tax under section 272(e), I.R.C.

The respondent now concedes through stipulations with the petitioner that the petitioner is entitled to a deduction for the year 1942 for labor costs in the amount of $158,348.38, and to a deduction for the year 1947 for "Debster" loans account in the amount of $9,732.07. Effect will be given to these stipulations under Rule 50.

The only question to be decided is whether commissions paid by petitioner to the managers of its sales department are deductible as reasonable compensation for services rendered to the petitioner corporation by each of them during the years 1942 through 1949 within the provisions of section 23(a)(1)(A) of the Internal Revenue Code.

Findings of Fact

The stipulated facts are found accordingly. The stipulation is incorporated herein by this reference.

The petitioner filed its returns with the collector for the second district of New York.

The petitioner is a corporation organized under the laws of the State of New York. It reports income for taxation on the basis of a*164 calendar year. It keeps its books and reports its income on an accrual basis.

During the years in question petitioner was engaged in the manufacture and the sale, at wholesale, of ladies' dresses of the type designated as the "classic" dress. It was one of the leading producers of a low priced tailored dress. Petitioner maintained its office in New York City. Petitioner is referred to hereinafter as Bedford.

Joseph Ditzian and Harry Brenner owned all of the stock of the petitioner in equal shares. Ditzian was president of petitioner and Brenner was vice-president. Ditzian was in charge of production. Brenner's duties related to general management and the buying of piece goods.

Petitioner paid no dividends on its stock during the years 1942-1949, inclusive.

During the taxable years, and before, Bedford's business operations were carried on in three major departments; production, sales, and general management.

For several years prior to and up to the end of 1941, Bedford's sales department was in charge of a sales manager, Henry Rosenfeld. He started working for Bedford in 1932. In 1936, Bedford entered into an oral agreement with Rosenfeld pursuant to which he was made sales*165

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1954 T.C. Memo. 91, 13 T.C.M. 634, 1954 Tax Ct. Memo LEXIS 162, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bedford-sportswear-inc-v-commissioner-tax-1954.