Legal Opinion
Commissioner of Internal Revenue v. Guitar Trust Estate
Court of Appeals for the Fifth Circuit
Decided August 24, 1934No. 7293PublishedCited by 11 opinions
1Opinion of the Court
SIBLEY, Circuit Judge.
John Guitar, Sr., as fiduciary for the Guitar Trust Estate, died fiduciary returns of income taxes for the taxable years 1922 to 1926, inclusive, taking’ deductions for the distributive portion of the net income for those years allocated to the beneficiaries, and reporting no taxes due by the trustees. The Commissioner held the trust to be an association, taxable as a coi potation, determined deficiencies, amounting to $65,791.43, and assessed penalties of $16,447.86. The Board of Tax Appeals held that the estate was not an association; that returns had been properly…
2Cases cited8 opinions
- Freuler v. HelveringSupreme Court of the United States · 1934
- Dickerson's AppealSupreme Court of Pennsylvania · 1887
- Blair v. Wilson Syndicate TrustCourt of Appeals for the Fifth Circuit · 1930
- McCrory v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1934
- Anderson v. KemperCourt of Appeals of Kentucky · 1903
3 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Porter v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1942
- Commissioner of Internal Rev. v. Vandegrift R. & Inv. Co.Court of Appeals for the Ninth Circuit · 1936
- Hay v. United StatesDistrict Court, N.D. Texas · 1967
- Cooper v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1958
- Frank's Trust of 1931 v. CommissionerCourt of Appeals for the Third Circuit · 1948
6 more not listed; retrieve them via the Exa API.