The Trust Fund Exclusion Doctrine is a legal principle that allows businesses to exclude from their taxable income revenue that is held in trust for a third party. This doctrine is often used in the context of rewards programs, where businesses earn income from the redemption of rewards points. In order to apply the Trust Fund Exclusion Doctrine, the business must meet certain criteria. This short course provides an overview of the Trust Fund Exclusion Doctrine and some examples of its applications. Materials used for this course were supplied by Spidell's Federal Taxletter.

This overview course may be appropriate for professionals at all organizational levels.