People v. Splunge

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• recognizing that an economic benefit conferred on an employee as compensation in the taxable year is taxable to employee in that year, even if cash is not actually received by the employee that year
• emphasizing that the irrevocable payment into trust served \to distinguish this case from those in which the exact amount of compensation is subject to some future contingency or subject to the possibility of return\
• constructive receipt on payment to trust

Source: CourtListener parenthetical corpus (CC0).