Substantial Interest-Free Demand Loans From Parents for Benefit of Children Do Not Constitute a Taxable Gift
Texas Tech Law Review
Discusses Crown v. Commissioner, a case from the United States Court of Appeals for the Seventh Circuit. The court in Crown held that the interest not collected on a series of interest-free loans did not constitute a taxable gift.
Interest-free loan, Taxable gift, Federal gift taxation, Crown v. Commissioner, Case note
10 Tex. Tech L. Rev. 1151