BASILA v. COMMISSIONER OF INTERNAL REVENUE, 36 T.C. 111 (1961) BASIL F. BASILA AND M. FRANCES BASILA, PETITIONERS, v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. Docket No. 61738.United States Tax Court. Filed April 20, 1961. Petitioner Basil F. Basila was president, general manager, and principal shareholder of a company. His employment contract with the company provided for […]
