Legal Opinion
First Nat. Bank of Chicago v. Commissioner of Internal Revenue
Court of Appeals for the Seventh Circuit
Decided May 13, 1940No. 7185PublishedCited by 26 opinions
1Opinion of the Court
LINDLEY, District Judge.
Petitioners seek reversal of a decision of the Board of Tax Appeals confirming an assessment against them as transferees of George C. Rew for additional tax in the amount of $75,478.47, assessed upon Rew’s income for the period from January 1, 1924, to June 10, 1924.
On March 10, 1924, Rew conveyed to petitioners as trustees all of his assets, reserving to himself for life the income and power to revoke. He died testate, without property, on June 10, 1924. His executors,' on or about October 8, 1924, filed an income tax return on his behalf for the taxable period,…
2Cases cited23 opinions
- Coe v. Armour Fertilizer WorksSupreme Court of the United States · 1915
- American Equitable Assur. Co. of New York v. HelveringCourt of Appeals for the Second Circuit · 1933
- Davidson v. BurkeIllinois Supreme Court · 1892
- Singer v. HutchinsonIllinois Supreme Court · 1900
- Timmons v. Security Savings BankSupreme Court of the United States · 1936
18 more not listed; retrieve them via the Exa API.
3Cited by26 opinions
- United States v. Birnie Davenport, Gordon E. DavenportCourt of Appeals for the Fifth Circuit · 2007
- Carolyn Brafman v. United StatesCourt of Appeals for the Fifth Circuit · 1967
- Krueger v. CommissionerUnited States Tax Court · 1967
- United States v. Nelle A. HoperCourt of Appeals for the Seventh Circuit · 1957
- Estate of Henry G. Egan, Transferee, Northwestern National Bank v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1958
21 more not listed; retrieve them via the Exa API.