Tags: Case, Legal Case, Supreme Court Of The United States Case, Unit Of Work.

Commissioner v. Duberstein was a United States Supreme Court case from 1960 dealing with the exclusion of the value of property acquired by gift from the gross income of an income taxpayer.It is notable (and thus appears frequently in law school casebooks) for the following holdings: When determining whether something is a gift for U.S. federal income tax purposes the critical consideration is the transferor’s intention.

Loading...

This page contains content from the copyrighted Wikipedia article "Commissioner v. Duberstein"; that content is used under the GNU Free Documentation License (GFDL). You may redistribute it, verbatim or modified, providing that you comply with the terms of the GFDL.