Legal Opinion
Alfred I. Dupont Testamentary Trust v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided June 12, 1975No. 74-2807PublishedCited by 9 opinions
1Opinion of the Court
CLARK, Circuit Judge:
The Commissioner disallowed deductions claimed by the taxpayer, a testamentary trust created under the will of Alfred I. duPont, in the tax years 1966 and 1967 for expenses of maintaining an estate owned by the taxpayer but which was then being used as Mrs. duPont’s home. The expense deductions were claimed to be ordinary and necessary expenses under Int.Rev.Code of 1954 § 212 because the estate was rental property or alternatively because the estate was part of an income producing entity comprised of the estate and securities owned by taxpayer. The Tax Court upheld the…
2Cases cited12 opinions
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Trust Under the Will of Bingham v. CommissionerSupreme Court of the United States · 1945
- International Trading Co. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1960
- Walet v. CommissionerUnited States Tax Court · 1958
- Eugene H. Walet, Jr. And Celia R. Walet v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1959
7 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- C. A. White Trucking Co., Inc. And A. F. Crane and Mary L. Crane v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1979
- Meredith v. CommissionerUnited States Tax Court · 1975
- Du Pont Testamentary Trust v. CommissionerUnited States Tax Court · 1976
- Julia R. & Estelle L. Foundation, Inc. v. CommissionerUnited States Tax Court · 1978
- Alfred I. DuPont Testamentary Trust v. CommissionerCourt of Appeals for the Fifth Circuit · 1978
4 more not listed; retrieve them via the Exa API.