constructive receipt
C2CEFR level
92/100Rarity: very rare
TechnicalRegister
The doctrine treating income as received once it is unqualifiedly available to the taxpayer, whether or not actually drawn.
Under constructive receipt, the December bonus is taxable even though he left the cheque undeposited until January.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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