Loan from Supplier or Gross Income?
Posted: 5 Nov 2005
Abstract
Burgess J.W. Raby, Esq., and William L. Raby, CPA, both associated with the Raby Law Office, Tempe, Ariz., examine recent cases dealing with the issue of whether advances from suppliers constitute loan proceeds or gross income to the recipient.
Suggested Citation: Suggested Citation
Raby, Burgess J. W. and Raby, William L., Loan from Supplier or Gross Income?. Tax Notes, Vol. 109, No. 6, November 7, 2005, Available at SSRN: https://ssrn.com/abstract=842545
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