Reizenstein v. Commissioner
United States Tax Court
Trust Income -- Taxable to Grantor -- Parol Trust -- Secs. 22 (a), 166, and 167, I. R. C. -- The record fails to establish that there were provisions of a parol trust for a minor son stated by the petitioner and understood by his wife as trustee which would relieve him of tax on the income of the trust.
1Opinion of the Court
Louis J. Reizenstein, Petitioner, v. Commissioner of Internal Revenue, Respondent
Reizenstein v. Commissioner
Docket No. 39806
United States Tax Court
22 T.C. 843; 1954 U.S. Tax Ct. LEXIS 161;
June 30, 1954, Filed. June 30, 1954, Filed
Decision will be entered for the respondent.
Trust Income -- Taxable to Grantor -- Parol Trust -- Secs. 22 (a), 166, and 167, I. R. C. -- The record fails to establish that there were provisions of a parol trust for a minor son stated by the petitioner and understood by his wife as trustee which would relieve him of tax on the income of the trust.
Louis Caplan, Esq.,…
2Cases cited6 opinions
- Cohan v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1930
- Helvering v. CliffordSupreme Court of the United States · 1940
- Commissioner of Internal Revenue v. BuckCourt of Appeals for the Second Circuit · 1941
- Brown v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1942
- Moskin v. JohnsonDistrict Court, S.D. New York · 1953
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