Legal Opinion
Martin-Montis Trust v. Commissioner
United States Tax Court
Decided December 11, 1980No. Docket Nos. 5380-78, 7847-78, 7932-78Published
Held, interest income earned by a U.S. trust is not U.S. source income where the beneficiary is a nonresident alien.
1Opinion of the Court
Isidro Martin-Montis Trust, F. B. Hubachek, Jr., Trustee, et al., 1 Petitioners v. Commissioner of Internal Revenue, Respondent
Martin-Montis Trust v. Commissioner
Docket Nos. 5380-78, 7847-78, 7932-78
United States Tax Court
75 T.C. 381; 1980 U.S. Tax Ct. LEXIS 15;
December 11, 1980, Filed
Decisions will be entered for the petitioners.
Held, interest income earned by a U.S. trust is not U.S. source income where the beneficiary is a nonresident alien.
Frank T. Foster and Thomas E. Chomicz, for the petitioners.
Harmon Dow, for the respondent.
Hall, Judge.
HALL
OPINION
Respondent determined deficiencies in…
2Cases cited5 opinions
- Groman v. CommissionerSupreme Court of the United States · 1937
- Vondermuhll v. HelveringCourt of Appeals for the D.C. Circuit · 1935
- Bence v. United StatesUnited States Court of Claims · 1937
- Martin-Montis Trust v. CommissionerUnited States Tax Court · 1980
- Vondermuhll v. CommissionerUnited States Board of Tax Appeals · 1934