Business, 04.10.2019 19:20 trouse492

Ophra is a cash-basis taxpayer who is employed in the publishing industry. this year her employer informed her that because of her outstanding performance she is entitled to a free world cruise. ophra asked her employer to issue the cruise tickets to her parents, and he complied with this request. identify the principle that will determine whether ophra or her parents are taxed on the value of the cruise tickets. a. assignment of incomeb. constructive receiptc. return of captain principled. wherewithal to paye. all the above

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Ophra is a cash-basis taxpayer who is employed in the publishing industry. this year her employer in...

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