Legal Opinion
Phipps v. Commissioner of Internal Revenue
Court of Appeals for the Tenth Circuit
Decided August 16, 1937No. 1491PublishedCited by 18 opinions
1Opinion of the Court
BRATTON, Circuit Judge.
This petition to review a decision of the Board of Tax Appeals presents the question whether a gift of first Liberty Loan bonds is immune from the gift tax imposed by the Revenue Act of 1932.
Petitioner made gifts of such bonds of the par value of $160,000 to members of his family during .the yeg.r 1933, and he made other gifts in that year. He filed a gift tax return in which the gifts of Liberty Loan bonds were noted with the statement that according to his information they were exempt from tax. The Commissioner increased the amount of the total gifts by including the…
2Cases cited24 opinions
- Knowlton v. MooreSupreme Court of the United States · 1900
- Gould v. GouldSupreme Court of the United States · 1917
- Hecht v. MalleySupreme Court of the United States · 1924
- United States v. MerriamSupreme Court of the United States · 1923
- Burnet v. GuggenheimSupreme Court of the United States · 1933
19 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Security Life and Accident Company v. HeckersSupreme Court of Colorado · 1972
- Phipps v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1942
- Haffner v. United StatesDistrict Court, N.D. Illinois · 1984
- Scholarship Endowment Foundation v. NicholasCourt of Appeals for the Tenth Circuit · 1939
- Denver US Nat. Bank v. People Ex Rel. DunbarColorado Court of Appeals · 1970
13 more not listed; retrieve them via the Exa API.