- 16 - North County Builders, which were businesses other than petitioner. Hanson testified that he worked about 25 hours a week for petitioner. Searing testified that he worked for petitioner from 2 to 10 hours a week. Respondent contends that petitioner paid its officers exclusively for services performed for petitioner. We agree with respondent. Petitioner's interrogatory answers conflict with Hanson's and Searing's testimony. In supplemental interrogatory response for petitioner, Chasin stated that Searing and Hanson "rendered services for petitioner based upon an 8-hour day for 50 weeks per year." The supplemental response suggests that the officers provided substantial services for petitioner. Chasin testified that the supplemental response included services for business ventures other than petitioner. Chasin's explanation is contrary to the language in the supplemental response, which states that the services were for petitioner. North County Builders had five owners, including petitioner's three officers. It is implausible that petitioner would pay salaries that North County Builders owed. Petitioner's board of directors adopted written resolutions which stated that petitioner declared the bonuses because its officers contributed substantial services to petitioner.Page: Previous 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Next
Last modified: May 25, 2011