Vondermuhll v. Commissioner
United States Board of Tax Appeals
Trust funds held by trustees in New York and deposited by them with bankers there produced interest which the bankers paid to the trustees, who paid it to the sole beneficiary, a nonresident alien. Held, the beneficiary is not exempt from income tax thereon under section 217(a)(1)(A) of the Revenue Acts of 1924 and 1926.
1Opinion of the Court
ANNA VONDERMUHLL, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Vondermuhll v. Commissioner
Docket Nos. 43379, 45076.
United States Board of Tax Appeals
29 B.T.A. 895; 1934 BTA LEXIS 1462;
January 24, 1934, Promulgated
Trust funds held by trustees in New York and deposited by them with bankers there produced interest which the bankers paid to the trustees, who paid it to the sole beneficiary, a nonresident alien. Held, the beneficiary is not exempt from income tax thereon under section 217(a)(1)(A) of the Revenue Acts of 1924 and 1926.
Oliver C. Reynolds, Esq., and Robert B. Cumming,…
2Cases cited6 opinions
- Cornell v. CoyneSupreme Court of the United States · 1904
- Taylor v. Davis' AdministratrixSupreme Court of the United States · 1884
- Swan & Finch Co. v. United StatesSupreme Court of the United States · 1903
- West Wisconsin R. Co. v. Board of Supervisors of Trempealeau Cty.Supreme Court of the United States · 1876
- Richmond v. BlakeSupreme Court of the United States · 1890
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