The Assignment of Income Doctrine Constrains Tax Deferral Strategies

question 63

True/False

The assignment of income doctrine constrains tax deferral strategies.

---

Definitions:

Catheter

A flexible tube inserted into the body for the purpose of removing fluids, administering fluids or gases, or accessing certain parts of the body for medical reasons.

Urinary Bladder

A cavity-filled organ located in the lower abdomen responsible for holding urine from the kidneys prior to its elimination.

Menstrual Cycle

The regular natural change that occurs in the female reproductive system that makes pregnancy possible, typically described as a monthly cycle.

AFP

Alpha-fetoprotein, a protein that is produced by the liver and yolk sac of a fetus, often measured during pregnancy.