CARPENTER v. DEPT. OF REV., 4 OTR 125 (1970)

LOIS L. and ORVILLE LYNN CARPENTER v. DEPARTMENT OF REVENUE In the Oregon Tax Court. August 11, 1970. Constructive receipt — Condemnation award 1. Income, though not actually reduced to the taxpayer’s possession, is constructively received when it is credited to his account subject to his demand so that he may draw upon it at […]

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