Commissioner V. Duberstein

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Commissioner v. Duberstein, 363 U.S. 278, was a United States Supreme Court case dealing with the exclusion of "the value of property acquired by gift" from the gross income of an income taxpayer. Berman was president of Mohawk Metal Corporation. Duberstein was president of the Duberstein Iron & Metal Company. They would often talk on the phone and give each other names of potential customers. After receiving some particularly helpful information, Berman decided to give Duberstein a gift of a Cadillac. Although Duberstein said he did not need the car as he already had a Cadillac and an Oldsmobile, he eventually accepted it.