Open Access. Powered by Scholars. Published by Universities.®
- Keyword
-
- Bribes (1)
- Bushel's Case (1)
- Context (1)
- Deductions (1)
- England (1)
-
- Facts (1)
- Findings of fact (1)
- Frustration of public policy doctrine (1)
- History (1)
- Illegal businesses (1)
- Illegal expenses (1)
- Income tax (1)
- Independence (1)
- Internal Revenue Code (1)
- Juries (1)
- Jurors (1)
- Kickbacks (1)
- Medicaid (1)
- Medicare (1)
- Rebates (1)
- Tax Reform Act of 1969 (1)
- Trafficking (1)
- Veracity (1)
- Verdicts (1)
- Publication
Articles 1 - 2 of 2
Full-Text Articles in Law
Provisions Denying A Deduction For Illegal Expenses And Expenses Of An Illegal Business Should Be Repealed, Douglas A. Kahn, Howard Bromberg
Provisions Denying A Deduction For Illegal Expenses And Expenses Of An Illegal Business Should Be Repealed, Douglas A. Kahn, Howard Bromberg
Articles
Currently, the tax law denies a deduction for business expenses that violate a federal or state law (but only if the state law is generally enforced). In addition, losses, including business losses, cannot be deducted if they arise out of an illegal activity. For example, medical expenses are denied a deduction if they are illegal. Kickbacks, bribes, and rebates given in connection with the Medicaid or Medicare program are nondeductible. Any expenses, legal or not, incurred in connection with the conduct of a business of selling a controlled substance that is prohibited by federal law (or by the law of …
Lights Hidden Under Bushel's Case, Thomas A. Green
Lights Hidden Under Bushel's Case, Thomas A. Green
Book Chapters
Some forty years ago, Charlie Donahue created a course which he titled "Law, Morals and Society." Designed for undergraduates, and situated among the offerings of the University of Michigan's interdisciplinary Medieval and Renaissance Collegium, the course reflected the approach to doing history that, as this volume recognizes, Charlie has followed throughout his long and enormously influential career as scholar, teacher, lecturer, and inepressible master of well-timed interventions during conference-panel discussion periods. "LMS" was composed of four units. Charlie, who taught two of them, led off with the legal basis for the deposition of Richard II; I followed with the law …