gifts
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 318 U.S. 322 - Helvering v. American Dental Co. · 1943Most cited · 339 citing opinions
Gifts, however, is a generic word of broad connotation, taking coloration from the context of the particular statute in which it may appear. Its plain meaning in its present setting denotes, it seems to us, the receipt of financial advantages gratuitously.