Taft v. Bowers
id:
taft-v-bowers-258-16654730
title:
Taft v. Bowers
text:
Taft v. Bowers, 278 U.S. 470 (1929), was a case heard before the United States Supreme Court dealing with taxation of a gift of shares of stock under the Sixteenth Amendment to the United States Constitution. The recipient of shares of stock, Elizabeth Taft, argued that she could not be taxed on the amount that the gift increased in value before she received it. She agreed that the IRS could tax the increase in value of the gift that occurred after her receipt of the gift.
brand slug:
wiki
category slug:
encyclopedia
description:
1929 United States Supreme Court case
original url:
https://en.wikipedia.org/wiki/Taft_v._Bowers
date created:
date modified:
2023-09-13T03:10:03Z
main entity:
{"identifier":"Q7675053","url":"https://www.wikidata.org/entity/Q7675053"}
image:
fields total:
13
integrity:
14