Legal Opinion
Corning v. Commissioner of Internal Revenue
Court of Appeals for the Sixth Circuit
Decided June 6, 1939No. 7816PublishedCited by 16 opinions
1Opinion of the Court
SIMONS, Circuit Judge.
The question to be decided is whether the income for 1934 of two trusts created by the petitioner in a previous year and accumulated during -the tax year, was taxable income of the petitioner in 1934 by reason of the provisions of §§ 166 and 167 of the Revenue Act of 1934, 26 U.S.C.A. §§ 166, 167. The Board of Tax Appeals in redetermining the deficiency asserted by the respondent held that it was.
The 1934 Act provides:
Ҥ 166. Revocable trusts.
“Where at any time the power to revest in the grantor title to any part of the corpus of the trust is vested—
“(1) in the grantor,…
2Cases cited10 opinions
- Helvering v. St. Louis Union Trust Co.Supreme Court of the United States · 1935
- Anderson v. AthertonSupreme Court of the United States · 1937
- Lewis v. WhiteDistrict Court, D. Massachusetts · 1932
- Langley v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1932
- Rovensky v. CommissionerUnited States Board of Tax Appeals · 1938
5 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Corning v. CommissionerUnited States Tax Court · 1955
- Altmaier v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1940
- Commissioner of Internal Revenue v. BettsCourt of Appeals for the Seventh Circuit · 1941
- Fulham v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1940
- Irish v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1942
11 more not listed; retrieve them via the Exa API.