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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Farid-Es-Sultaneh v. Commissioner, 160 F.2d 812 is a United States federal income tax case. It is notable for the following holding: Appreciated property, transferred to a wife pursuant to an antenuptual agreement, was not a gift, but was consideration for which she sold her inchoate marital rights. This applies the general rule, that a taxpayer recognizes a gain on the transfer of appreciated property in satisfaction of a legal obligation.

Produktbeschreibung
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Farid-Es-Sultaneh v. Commissioner, 160 F.2d 812 is a United States federal income tax case. It is notable for the following holding: Appreciated property, transferred to a wife pursuant to an antenuptual agreement, was not a gift, but was consideration for which she sold her inchoate marital rights. This applies the general rule, that a taxpayer recognizes a gain on the transfer of appreciated property in satisfaction of a legal obligation.