Legal Opinion
Maytag v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided March 21, 1951No. 4134_1PublishedCited by 23 opinions
1Opinion of the Court
BRATTON, Circuit Judge.
This proceeding is here on petition to review a decision of the Tax Court relating to the liability of Lewis B. Maytag, hereinafter referred to as the taxpayer, for gift tax for the calendar year 1944. On March 8, 1944, the taxpayer created four trusts, one for the benefit of each of his four children. On that day he transferred to each trust 25,000 shares of the common stock of The Maytag Company; and on March 16, 1944, he transferred to each trust 10,000 shares of cumulative preference stock of the company. All of the transfers were made as gifts. In his gift tax…
2Cases cited16 opinions
- United States v. United States Gypsum Co.Supreme Court of the United States · 1948
- Helvering v. RankinSupreme Court of the United States · 1935
- Grace Bros. v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1949
- Powers v. CommissionerSupreme Court of the United States · 1941
- Helvering v. MaytagCourt of Appeals for the Eighth Circuit · 1942
11 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Estate of Gilford v. CommissionerUnited States Tax Court · 1987
- Estate of Smith v. CommissionerUnited States Tax Court · 1972
- Colonial Fabrics, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1953
- Gates v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1952
- Seas Shipping Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1967
18 more not listed; retrieve them via the Exa API.