United States v. Gordon P. Haynes and Essie M. Haynes

Admonished as we are, and almost invariably at the behest of the Tax Collect- or that “Questions of taxation must be determined by viewing what was actually done * * * and when applying the provisions of the Sixteenth Amendment and income laws enacted thereunder we must regard matters of substance and not mere form * * * ”, Weiss v. Stearn, 265 U.S. 242. 44 S.Ct. 490, 492, 68 L.Ed. 1001; "* * * The .incidence of taxation depends upon the substance, of a transaction * * Commissioner of Internal Revenue v. Court Holding Co., 324 U.S. 331, 65 S.Ct. 707, 708, 89 L.Ed. 981, the result here is…