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Ryan embezzled $300,000 from his employer. Which one of the following tax doctrines, principles, or tests applies to make the embezzled funds includable in Ryan's
Ryan embezzled $300,000 from his employer. Which one of the following tax doctrines, principles, or tests applies to make the embezzled funds includable in Ryan's gross income?
Constructive receipt doctrine. | ||
Claim of right doctrine. | ||
Return of capital principle. | ||
Cash equivalent doctrine. | ||
All events test. |
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