Helvering v. Horst

311 U.S. 112 (1940)

HELVERING, COMMISSIONER OF INTERNAL REVENUE,

v.

HORST.

No. 27.

Supreme Court of United States.

Argued October 25, 1940.

Decided November 25, 1940.

CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE SECOND CIRCUIT.

Mr. Arnold Raum, with whom Solicitor General Biddle, Assistant Attorney General Clark, and Messrs. Sewall Key and Morton K. Rothschild were on the brief, for petitioner.

Mr. Selden Bacon, with whom Mr. Harry H. Wiggins was on the brief, for respondent.

The sole question for decision is whether the gift, during the donor's taxable year, of interest coupons detached from the…