Helvering v. Bruun
id:
helvering-v-bruun-278-18636171
title:
Helvering v. Bruun
text:
Helvering v. Bruun, 309 U.S. 461 (1940), was an income tax case before the Supreme Court of the United States. It is notable for holding that under section 22(a) of the Revenue Act of 1932, income need not be in the form of cash for it to be taxable. Gain may occur as a result of exchange of property, payment of the taxpayer's indebtedness, relief from a liability, or other profit realized from the completion of a transaction.
brand slug:
wiki
category slug:
encyclopedia
description:
1940 United States Supreme Court case
original url:
https://en.wikipedia.org/wiki/Helvering_v._Bruun
date created:
date modified:
2023-09-13T02:21:20Z
main entity:
{"identifier":"Q5710677","url":"https://www.wikidata.org/entity/Q5710677"}
image:
fields total:
13
integrity:
14