Substantial Interest-Free Demand Loans From Parents for Benefit of Children Do Not Constitute a Taxable Gift
Date
1979
Authors
Journal Title
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Volume Title
Publisher
Texas Tech Law Review
Abstract
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.
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Keywords
Interest-free loan, Taxable gift, Federal gift taxation, Crown v. Commissioner, Case note
Citation
10 Tex. Tech L. Rev. 1151