Law Dictionary

To search for a particular term please use the following search box.

competent indian

(Tax Law)

Also referred to as an "unrestricted" Indian, this term denotes an Indian's ability to hold fee simple title to trust land. This status generally subjects to federal income tax the income that is "directly derived" from the land.

Source : Internal Revenue Service - United States Department of Treasury

Language : English

Return

Return to Law Dictionary Index