Jones Trust v. Commissioner
United States Board of Tax Appeals
Petitioner trusts were created in England by an English settlor for English beneficiaries. At the time of creation of the trusts the trusts had common trustees, three of whom were English and the fourth was a citizen of the United States. Most of the securities comprising the corpora of the trusts were of United States corporations.
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Petitioner trusts were created in England by an English settlor for English beneficiaries. At the time of creation of the trusts the trusts had common trustees, three of whom were English and the fourth was a citizen of the United States. Most of the securities comprising the corpora of the trusts were of United States corporations. During the taxable years, and for many years prior thereto, the United States securities were kept in this country and the trustees maintained an office in New York, New York, in charge of the United States trustee. The trusts maintained a safety deposit box and…
1Opinion of the Court
B. W. JONES TRUST FOR BRIGADIER GENERAL O. C. HERBERT, BY D. B. NEVIUS, ONE OF THE TRUSTEES, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
B. W. JONES TRUST FOR MRS. N. C. PRIESTLEY, BY D. B. NEVIUS, ONE OF THE TRUSTEES, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
B. W. JONES TRUST FOR MRS. I. S. CHANNER, BY D. B. NEVIUS, ONE OF THE TRUSTEES, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
B. W. JONES TRUST FOR MRS. C. E. JAMESON, BY D. B. NEVIUS, ONE OF THE TRUSTEES, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
B. W. JONES TRUST FOR…
2Cases cited2 opinions
- Aktiebolaget Separator v. CommissionerUnited States Board of Tax Appeals · 1941
- Jones Trust v. CommissionerUnited States Board of Tax Appeals · 1942