Helvering v. Eubank

This is a companion case to Helvering v. Horst, ante, p. 112, and presents issues not distinguishable from those in that case.

Respondent, a general life insurance agent, after the termination of his agency contracts and services as agent, máde assignments in 1924 and 1928 respectively of renewal commissions to become payable to him for services' which had been rendered in writing policies of insurance under two of his agency contracts. The Commissioner assessed the renewal commissions paid by the companies to the assignees in 1933 as income taxable to the assignor in that year under the…