Skip to content

MENU

Farrell Fritz, P.C. logo
HomeResourcesSubscribeContact

Tax Law for the Closely Held Business

Legal Updates & Commentary for Tax & Estate Planning

donative intent

Subscribe to donative intent via RSS

Family Transfers as Bona Fide Business Transactions: Part II

By Farrell Fritz P.C. on November 3, 2015
Posted in Federal Tax Issues

Don’t miss Part I, here!

Taxable Gift Transfers

In general, where property is transferred for less than an adequate and full consideration in money or money’s worth, the amount by which the value of the property exceeded the value of the consideration is deemed a gift. A necessary corollary of this provision is…

Stay Connected

LinkedIn RSS

Subscribe By Email

Topics

Archives

Recent Updates

  • How Dealings between Related Parties Doomed a Captive Insurer
  • Corporate Tax Hike on the Horizon: Using Reasonable Compensation to Withdraw Value
  • Leaving New York? Plan for the Taxation of Deferred Compensation
  • The Biden Presidency: How Will Cannabis Business Be Taxed?
  • Statutory Residence for the “Former” New Yorker

Farrell Fritz Blogs

  • All About eDiscovery
  • Federal Government Civil Litigation
  • Long Island Land Use & Zoning
  • NY Business Divorce
  • NY Commercial Division Practice
  • NY Health Law
  • NY Trusts & Estates Litigation
  • NY Venture Hub
Copyright © 2025, Farrell Fritz, P.C. All Rights Reserved.
Privacy PolicyDisclaimer
LinkedIn RSS
Attorney Advertising
Law blog design & platform by LexBlog LexBlog Logo
Farrell Fritz, P.C. (main office): 400 RXR Plaza, Uniondale, NY 11556-3826 (516) 227-0700