TITLE

Compensation/dividend distinction poses dilemma for some businesses

AUTHOR(S)
Palmieri, Frank
PUB. DATE
December 1999
SOURCE
Employee Benefit News;Dec99, Vol. 13 Issue 14, p63
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Examines the legal aspects of classifying payments as compensation or dividends in companies in the United States. Details on the case of OSC & Associates Inc. on payments classification; Tests that can be applied in distinguishing whether a distribution is compensation; Application of the tests to the case of OSC.
ACCESSION #
2567900

 

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