Crown loan
Crown loan 克郎贷款 一种无息活期贷款的名称。它常指父母对子女所作的贷款，所贷资金用于投资，其投资所得则按「儿童所得税率」〔child’s rate〕纳税。该种贷款方式因由芝加哥的哈里·克朗〔Harry Crown〕首先运用而得名。1984年，美国最高法院作出判决，对所有贷款必须适用市场利率，故将之视为赠与，应交纳赠与税〔gift taxes〕。 (→kiddie tax)
Crown loan
Crown loan
Tax. An interest-free demand loan, usu. from parent to child, in which the borrowed funds are invested and the income from the investment is taxed at the child’s rate. • This type of loan is named for one Harry Crown of Chicago, reputedly one of the first persons to use it. See kiddie tax under