TSEM7040 - Tax Cases: McDougal v Smith 7 TC 134
Summary
A guardian carried on a business for a ward who was mentally incapacitated.
Decision
»Ê¹ÚÌåÓýapp profits of the business were not earned income of the ward.
A guardian carried on a business for a ward who was mentally incapacitated.
»Ê¹ÚÌåÓýapp profits of the business were not earned income of the ward.
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