District Court, W.D. Missouri February 20, 1968, No. 2282 (W. R. Vermillion Co. v. United States)

OPINION

COLLINSON, District Judge.

Plaintiff corporation brought this suit to recover income taxes paid by it, under, protest, for the years 1961, 1962 and *3511963. The taxes were assessed by reason of the disallowance as a proper deduction of part of the bonuses paid to the two executive officers of the corporation, who were also the principal stockholders.