According to the Assignment of Income Doctrine, Income Must Be

question 29

True/False

According to the assignment of income doctrine, income must be taxed to the person receiving the cash from an income-generating transaction.

---

Definitions:

Backward

Denotes a movement or action directed towards the rear or in reverse.

Ante-

A prefix meaning before or preceding in time or order.

Before

Prior to a certain time or event.

Forward

Directional term referring to the front or direction in which an individual or structure is facing or moving.