Greg R. Vinikoor and Melissa D. Vinikoor v. CIR

BVLaw
Full Text of Court Cases
April 27, 1998
5172 Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals
estate and gift taxation

Greg R. Vinikoor and Melissa D. Vinikoor v. CIR
T.C. Memo 1998-152
US
Federal Court
United States Tax Court

Summary

The Tax Court determined that a transfer of stock was a gift rather than a loan even though the parties executed a note. The court listed nine factors it considered when determining whether the loan was a bona fide debt. Since the alleged debt did not me ...
Greg R. Vinikoor and Melissa D. Vinikoor v. CIR
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See Also

Interfamily Transfer Determined to Be a Gift in Spite of Promissory Note

The Tax Court determined that a transfer of stock was a gift rather than a loan even though the parties executed a note.