When does Economic Benefit Doctrine take place?

a. compensation for services rendered, no matter what form it is in.

b. when a taxpayer has physical possession over the income of another

c. when a property owner assigns the income from property owned to another

d. when taxpayer has a conditional right to receive income

Answer rating: 100% (QA)

Correct option is a Explanations A tax doctrine that applies to cash basis citizens who get ... View the full answer