CASH-EQUIVALENT DOCTRINE
cash-equivalent doctrine.Tax. The doctrine requiring income to be reported even if it is not cash, as when the taxpayer barters to receive in-kind payments. [Cases: Internal Revenue 3116, 3714.] [Blacks Law 8th]
cash-equivalent doctrine.Tax. The doctrine requiring income to be reported even if it is not cash, as when the taxpayer barters to receive in-kind payments. [Cases: Internal Revenue 3116, 3714.] [Blacks Law 8th]