Legal Opinion
Commissioner of Internal Revenue v. Chase Manhattan Bank
Court of Appeals for the Fifth Circuit
Decided August 19, 1958No. 16488PublishedCited by 36 opinions
1Opinion of the Court
WISDOM, Circuit Judge.
This case turns on the community property law of Texas.1 Stated broadly, the question before us is the gift tax effects of trusts and insurance in a community property state where the wife has a present, vested ownership of half the marital community in her own right.
The proceedings are brought to this Court by a petition and a cross-petition for review of a Tax Court decision concerning the transferee liability of the taxpayer, Chase Manhattan Bank, successor to Chase National Bank of New York, for gift taxes for the year 1948. 25 T.C. 617 (1955). The alleged transferor…
2Cases cited97 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- United States v. BessSupreme Court of the United States · 1958
- Poe v. SeabornSupreme Court of the United States · 1930
- Estate of Sanford v. CommissionerSupreme Court of the United States · 1939
- Chase National Bank v. United StatesSupreme Court of the United States · 1929
92 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Logan Lumber Company v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1966
- Frank L. Broday v. United StatesCourt of Appeals for the Fifth Circuit · 1972
- Anne Goyne Mitchell v. Commissioner of Internal Revenue, Jane Isabell Goyne Sims v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1970
- Estate of Lela Barry Vardell, Deceased, First National Bank in Dallas v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1962
- Mortimer Freedman, Independent Under the Last Will and Testament of Margaret Freeman v. United StatesCourt of Appeals for the Fifth Circuit · 1967
31 more not listed; retrieve them via the Exa API.