Heminway v. Commissioner
United States Tax Court
Held, petitioner not taxable on dividends received by him and paid over to his sister pursuant to a stock purchase agreement whereby she retained a life interest in such dividends.
1Opinion of the Court
Willard S. Heminway and Anabel P. Heminway, Petitioners, v. Commissioner of Internal Revenue, Respondent
Heminway v. Commissioner
Docket No. 4706-62
United States Tax Court
44 T.C. 96; 1965 U.S. Tax Ct. LEXIS 97;
April 23, 1965, Filed
Decision will be entered under Rule 50.
Held, petitioner not taxable on dividends received by him and paid over to his sister pursuant to a stock purchase agreement whereby she retained a life interest in such dividends.
John T. Sapienza, for the petitioners.
Stephen M. Miller, for the respondent.
Train, Judge.
TRAIN
Respondent determined a deficiency in petitioners' income…
2Cases cited17 opinions
- Lucas v. EarlSupreme Court of the United States · 1930
- Helvering v. HorstSupreme Court of the United States · 1940
- Commissioner v. P. G. Lake, Inc.Supreme Court of the United States · 1958
- Helvering v. EubankSupreme Court of the United States · 1941
- Bettendorf v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1931
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