Murray v. Commissioner
United States Board of Tax Appeals
Distributions made from the income of a testamentary trust to the executors and trustees, who were also named as beneficiaries of the trust both as to the income and principal, as "full compensation in lieu of all commissions to them either as trustees or executors," held not compensation for services as executors and trustees, and to the extent that such distributions represented dividends on shares of stock of domestic corporations they are not subject to normal tax.
1Opinion of the Court
J. EDWARD MURRAY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
FREDERICK C. MCCORMACK, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
LIZZIE MAY PARKER, EXECUTRIX OF THE ESTATE OF WILLIAM H. PARKER, DECEASED, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
MERCANTILE TRUST COMPANY OF BALTIMORE AND J. STANLEY HEUISLER, EXECUTORS OF PHILIP I. HEUISLER, DECEASED, AND MARIE HILDA HEUISLER, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
EDNA L. HINDES, EXECUTRIX OF JOSEPH F. HINDES, DECEASED, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,…
2Cases cited1 opinion
- Murray v. CommissionerUnited States Board of Tax Appeals · 1938