gift loan
Defined in 1 place of the United States Code.
The term “gift loan” means any below-market loan where the foregoing of interest is in the nature of a gift.
Source
- 1994–200026 U.S.C. § 7872Internal Revenue Code · Treatment of loans with below-market interest rates · for purposes of this section
The term “gift loan” means any below-market loan where the forgoing of interest is in the nature of a gift.
Source
- 2000–present26 U.S.C. § 7872Internal Revenue Code · Treatment of loans with below-market interest rates · for purposes of this section