Enterprise Theatre v. Commissioner, 1949 Tax Ct. Memo LEXIS 269 (1949): Deductibility of Legal Expenses Incurred Resisting Jurisdiction

August 16, 1949

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1949 Tax Ct. Memo LEXIS 269

Legal expenses incurred by a corporation to resist jurisdiction in a lawsuit, primarily for its own benefit to avoid business disruption, are deductible as ordinary and necessary business expenses, even if the lawsuit involves a stockholder’s personal interests.

Summary

Enterprise Theatre, Inc. (

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SCOTUS Reports

Enterprise Theatre v. Commissioner, 1949 Tax Ct. Memo LEXIS 269 (1949): Deductibility of Legal Expenses Incurred Resisting Jurisdiction

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