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  • Casual Articles - Supreme Court Decision Old Colony Trust Company vs Commissioner

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    t company argued that the sum paid as incom
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    In 1929, the U.S Supreme court issued a decision in which case a company was paying taxes on behalf of an employee of that company as a matter of convenience.

    Old Trust company argued that the sum paid as income

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    ision in which case a company was paying taxes on behalf of an employee of that company as a matter of convenience.

    Old Trust company argued that the sum paid as incom

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    Old Trust company argued that the sum paid as incom

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    Old Trust company argued that the sum paid as incom

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    t company argued that the sum paid as income tax on behalf of the employee did not constitute income for that employee, and therefore was not itself subject to tax. They argued that to tax that sum as income would con

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