Professor Patricia Cain’s new article “Taxation of Unmarried Partners” was featured on Taxprof Blog.
“While living together, unmarried partners often make property transfers between each other. Yet, there are no clear tax rules that apply to these transfers. This article argues that it is time to rethink those rules…”
The article concludes that sometimes relying on a partner’s claim to property rights that stem from the relationship should result in the non-taxation of the property transfer.
