Richter v. Commissioner
United States Board of Tax Appeals
Grantor of a short term trust in favor of his wife, held, taxable under section 22(a) of the Revenue Act of 1934. Helvering v. Clifford,309 U.S. 331, followed.
1Opinion of the Court
*726OPINION.
Aeundell :
This proceeding is here under mandate of the Circuit Court of Appeals for the Third Circuit, as directed by the Supreme Court that we determine whether income of the trust created by petitioner on December 29,1930, is taxable to petitioner under section 22 (a) of the Revenue Act of 1934 in the light of Helvering v. Clifford, 309 U. S. 331.
We are of the opinion that the instant case can not be validly distinguished from Helvering v. Clifford, supra, in which the Supreme Court held that the grantor of a short term trust in favor of the grantor’s wife was taxable on the income…
2Cases cited1 opinion
- Helvering v. CliffordSupreme Court of the United States · 1940
3Cited by3 opinions
- Amory v. CommissionerUnited States Tax Court · 1946
- Gordon v. CommissionerUnited States Tax Court · 1943
- Richter v. CommissionerUnited States Board of Tax Appeals · 1942