Newark Marine Food Service (NMFS) sells hot lunches and snacks to the crews of ships that dock
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Newark Marine Food Service (NMFS) sells hot lunches and snacks to the crews of ships that dock at the Port of Newark. According to custom, the officers of the visiting ships receive a 5 percent “commission” from all sales, so that NMFS can retain its “exclusive rights” to the seamen’s business. Are the commissions deductible by NMFS?
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Related Book For
Federal Tax Research
ISBN: 9780324659658
8th Edition
Authors: William A. Raabe, Gerald E. Whittenburg, Debra L. Sanders
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