Why doesn't the Internal Revenue Service treat gifts as taxable income, when it does tax income earned from actual work? How useful is the standard courts employ when deciding what is a "gift" and when the recipient must pay a tax on it?
These are among the questions that will be addressed during the annual Norman A. Sugarman Scholar-in-Residence Tax Lecture at the Case Western Reserve University School of Law. The lecture is being presented by the school's Center for Business Law and Regulation. Douglas A. Kahn, the Paul G. Kauper Professor of Law at the University of Michigan Law School, will speak on "Gifts, Gafts, Gefts—What Constitutes a 'Gift' and a Principled Tax Policy Justification Excluding it from a Donee's Income."
The lecture will take place Tuesday, February 14 from 4:30-5:30 p.m. in room A59 of the law school, 11075 East Blvd. on the Case campus. The lecture is free and open to the public and one hour of CLE credit is available at no charge. It will be broadcast live on the Internet and be available for subsequent viewing on demand. Webcast details are available at http://www.law.case.edu/lectures.
"It is a great pleasure to welcome Professor Kahn," said Gerald Korngold, dean and McCurdy Professor of Law. "His unparalleled knowledge of the laws governing gift taxation will be of great value to our students and faculty."
A member of the University of Michigan Law School faculty since 1964, Kahn teaches Tax Planning for Business Transactions, Taxation of Individual Income, Corporate Taxation, Partnership Tax, and Legal Process. He has written widely on federal taxation and is the co-author of two casebooks, one on corporate taxation and one on taxation of transfers of wealth. He has also written several textbooks on those subjects and on individual income taxation.
Prior to beginning his academic career Kahn practiced in Washington, D.C. and served as a trial attorney with both the civil and tax divisions of the Department of Justice. He is a graduate of the University of North Carolina and of George Washington University Law School.
The Norman A. Sugarman Scholar-in-Residence Tax Lecture was established in 1976 with a gift from Sugarman, a distinguished alumnus of the law school's class of 1940. He went on to a successful career with the IRS and the law firm Baker & Hostetler. The endowment has supported a series of annual lectures on taxation, which have been co-sponsored with the Cleveland Tax Institute since 1984.
Case Western Reserve University is committed to the free exchange of ideas, reasoned debate and intellectual dialogue. Speakers and scholars with a diversity of opinions and perspectives are invited to the campus to provide the community with important points of view, some of which may be deemed controversial. The views and opinions of those invited to speak on the campus do not necessarily reflect the views of the university administration or any other segment of the university community.