Hoover v. Commissioner
United States Board of Tax Appeals
Income of a trust created by petitioner for the benefit of his wife and children held taxable to petitioner by reason of his retention of direct and indirect benefits approximating ownership. Helvering v. Clifford,309 U.S. 331.
1Opinion of the Court
FRANK G. HOOVER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Hoover v. Commissioner
Docket No. 96104.
United States Board of Tax Appeals
42 B.T.A. 786; 1940 BTA LEXIS 948;
September 27, 1940, Promulgated
Income of a trust created by petitioner for the benefit of his wife and children held taxable to petitioner by reason of his retention of direct and indirect benefits approximating ownership. Helvering v. Clifford,309 U.S. 331.
Albert B. Arbaugh, Esq., Paul E. Shorb, Esq., and Marion P. Wormhoudt, Esq., for the petitioner.
T. F. Callahan, Esq., and W. W. Kerr, Esq., for the…
2Cases cited2 opinions
- Helvering v. CliffordSupreme Court of the United States · 1940
- Hoover v. CommissionerUnited States Board of Tax Appeals · 1940