- discharge of indebtedness
- discharge of indebtedness
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the satisfaction or elimination of the debts of the debtor by the bankruptcy court (Glossary of Common Bankruptcy Terms)
United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.
United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.
discharge — [n1] setting free acquittal, clearance, disimprisonment, exoneration, liberation, pardon, parole, probation, release, remittance; concept 127 Ant. hold, imprisonment, incarceration, keep, retention discharge [n2] dismissal from responsibility ax … New thesaurus
Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States … Wikipedia
Zarin v. Commissioner — 916 F.2d 110 (3rd Cir. 1990) is a United States Third Circuit Court of Appeals decision concerning the cancellation of debt and the tax consequences for the borrower for U.S. federal income tax purposes.HistoryBackgroundResorts Hotel… … Wikipedia
Loan — For other uses, see Loan (disambiguation). Finance Financial markets … Wikipedia
Tax attribute — The Internal Revenue Code contains a limited number of specific statutory provisions excluding from income economic benefits that would otherwise constitute gross income under the Code. IRC § 108 constitutes one such exclusion. Section 108… … Wikipedia
Internal Revenue Code section 61 — Section 61 of the Internal Revenue Code (IRC 61, usc|26|61) defines gross income, the starting point for determining which items of income are taxable for federal income tax purposes in the United States. Section 61 states that except as… … Wikipedia
United States v. Kirby Lumber Co. — SCOTUSCase Litigants=United States v. Kirby Lumber Co. ArgueDate=October 21 ArgueYear=1931 DecideDate=November 2 DecideYear=1931 FullName=United States v. Kirby Lumber Company USVol=284 USPage=1 Citation=52 S. Ct. 4; 76 L. Ed. 131; 1931 U.S.… … Wikipedia
Nonrecourse debt — Non recourse debt or a non recourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer can seize the… … Wikipedia
Akiba ben Joseph — Akiva redirects here. For other people and things with this name, see Akiva (disambiguation). Akiba ben Joseph (ca.50–ca.135 AD) (Hebrew: עקיבא) or simply Rabbi Akiva was a Judean tanna of the latter part of the 1st century and the beginning of… … Wikipedia
gross income — Under I.R.C. Section 61(a) gross income means all income from whatever source derived, including (but not limited to) the following items: (1) Compensation for services, including fees, commissions, and similar items; (2) Gross income derived… … Black's law dictionary