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Gifts, Gafts, Gefts - What Constitutes a Gift and a Principled Tax Policy Justification...

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Uploaded by on Sep 18, 2009

February 14, 2006
Speaker: Douglas A. Kahn , Paul G. Kauper Professor of Law at the University of Michigan Law School
Presented by: Center for Business Law and Regulation

Summary: Norman A. Sugarman Scholar-in-Residence Lecture

•Why are gifts not taxable income while dollars earned by a taxpayer's hard work and sweat are?

•Exploring the utility of the existing standard courts employ to determine what a "gift" is and when the recipient must pay a gift tax

Douglas A. Kahn is a leading authority and prolific writer on federal taxation. He is the co-author of two casebooks and the author of several textbooks and journal articles on various tax issues. He serves as the Paul G. Kauper Professor of Law at the University of Michigan Law School, where he has taught various courses on taxation since 1964.

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