Brink v. Commissioner of Corporations & Taxation

This is an appeal under G. L. (Ter. Ed.) c. 58A, § 13, as amended by St. 1935, c. 218, § 1, by the *281appellants as trustees under a deed of trust dated December 3, 1931, from an adverse decision by the Board of Tax Appeals upon a petition by the appellants for abatement of an income tax assessed upon them under the authority of G. L. (Ter. Ed.) c. 62; St. 1933, c. 307, § 9, and St. 1936, c. 82. The trust was created by an inhabitant of this Commonwealth, and the trustees and appellants also were such inhabitants. The deed of trust was a private trust settlement for the benefit of a single…