Carlson v. Commissioner
United States Tax Court
Estate Tax -- Deduction -- Charitable Bequest -- Exclusively -- Sec. 812 (d), I. R. C. -- A residuary bequest, after a life estate of measurable value, gives rise to a deduction under section 812 (d) where left to trustees as a "Retirement and/or Welfare Fund" for employees of a corporation.
1Opinion of the Court
Estate of Leonard O. Carlson, N. A. Carlson, Executor, Petitioner, v. Commissioner of Internal Revenue, Respondent
Carlson v. Commissioner
Docket No. 39615
United States Tax Court
21 T.C. 291; 1953 U.S. Tax Ct. LEXIS 21;
November 24, 1953, Promulgated
Decision will be entered under Rule 50.
Estate Tax -- Deduction -- Charitable Bequest -- Exclusively -- Sec. 812 (d), I. R. C. -- A residuary bequest, after a life estate of measurable value, gives rise to a deduction under section 812 (d) where left to trustees as a "Retirement and/or Welfare Fund" for employees of a corporation.
Enoch C. Filer, Esq.,…
2Cases cited10 opinions
- Ithaca Trust Co. v. United StatesSupreme Court of the United States · 1929
- Bok v. McCaughnCourt of Appeals for the Third Circuit · 1930
- Eagan v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1930
- Gimbel v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1931
- Harrison v. Barker Annuity FundCourt of Appeals for the Seventh Circuit · 1937
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