CLAIM-OF-RIGHT DOCTRINE

claim-of-right doctrine.Tax. The rule that any income constructively received must be reported as income, whether or not the taxpayer has an unrestricted claim to it. [Cases: Internal Revenue  3086, 3118. C.J.S. Internal Revenue §§ 53–54, 63.] CLAIM OF TITLE claim of title.See CLAIM OF OWNERSHIP. [Blacks Law 8th]