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1) The taxpayer, a school principal, received unsolicited sample textbooks from publishers totaling $400 in value. 2) In 1968, the taxpayer donated the textbooks to the school library and claimed a $400 charitable deduction. 3) The IRS assessed a deficiency, saying the value of the textbooks should have been included as income. The taxpayer paid but then sued for a refund. 4) The court ruled that by claiming the charitable deduction for the donation, the taxpayer demonstrated "complete dominion" over the

Author

Basil Maguigad

Language

EN