McCutchin v. Commissioner
United States Tax Court
1. Income from long term irrevocable trusts of which the trustee is the alter ego of the grantor, and over which the trustee had broad powers of management and a limited discretion as to distribution or accumulation of the income until the beneficiaries reached the age of 25 years, held, not taxable to grantor under section 22 (a) and the principles of Helvering v. Clifford, 309 U.S. 331; David Small, 3 T. C. 1142. 2. Income from long term irrevocable trusts of which grantor…
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1. Income from long term irrevocable trusts of which the trustee is the alter ego of the grantor, and over which the trustee had broad powers of management and a limited discretion as to distribution or accumulation of the income until the beneficiaries reached the age of 25 years, held, not taxable to grantor under section 22 (a) and the principles of Helvering v. Clifford, 309 U.S. 331; David Small, 3 T. C. 1142. 2. Income from long term irrevocable trusts of which grantor was likewise, for practical purposes, trustee, and over which the trustee had broad powers of management and in his…
1Opinion of the Court
Alex McCutchin, Petitioner, v. Commissioner of Internal Revenue, Respondent. Alma McCutchin, Petitioner, v. Commissioner of Internal Revenue, Respondent
McCutchin v. Commissioner
Docket Nos. 1497, 1498
United States Tax Court
4 T.C. 1242; 1945 U.S. Tax Ct. LEXIS 175;
April 30, 1945, Promulgated
Decisions will be entered under Rule 50.
1. Income from long term irrevocable trusts of which the trustee is the alter ego of the grantor, and over which the trustee had broad powers of management and a limited discretion as to distribution or accumulation of the income until the beneficiaries reached the age…
2Cases cited7 opinions
- Helvering v. CliffordSupreme Court of the United States · 1940
- Helvering v. StuartSupreme Court of the United States · 1942
- MacDonald v. FollettTexas Supreme Court · 1944
- Lowenstein v. CommissionerUnited States Tax Court · 1944
- F. H. E. Oil Co. v. CommissionerUnited States Tax Court · 1944
2 more not listed; retrieve them via the Exa API.