Cranley v. Commissioner
United States Tax Court
John Joseph Cranley, Jr., a vascular surgeon, together with his father and a third individual, executed a trust agreement under date of September 9, 1954, creating a foundation known as the Cranley Research Foundation. The Foundation's functions included medical research. They also included the making of tests used in diagnosis and treatment of patients. The petitioner filed his income tax return for the year in question on a calendar year basis.
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John Joseph Cranley, Jr., a vascular surgeon, together with his father and a third individual, executed a trust agreement under date of September 9, 1954, creating a foundation known as the Cranley Research Foundation. The Foundation's functions included medical research. They also included the making of tests used in diagnosis and treatment of patients. The petitioner filed his income tax return for the year in question on a calendar year basis. The Foundation was on a fiscal year basis, its first and second fiscal years ending respectively on July 31 of the years 1955 and 1956. Petitioner,…
1Opinion of the Court
John Joseph Cranley, Jr., and Helen Theresa Cranley v. Commissioner.
Cranley v. Commissioner
Docket No. 75035.
United States Tax Court
T.C. Memo 1961-4; 1961 Tax Ct. Memo LEXIS 343; 20 T.C.M. (CCH) 20; T.C.M. (RIA) 61004;
January 18, 1961
John Joseph Cranley, Jr., a vascular surgeon, together with his father and a third individual, executed a trust agreement under date of September 9, 1954, creating a foundation known as the Cranley Research Foundation. The Foundation's functions included medical research. They also included the making of tests used in diagnosis and treatment of patients. The…
2Cases cited5 opinions
- Northwestern Municipal Ass'n v. United StatesCourt of Appeals for the Eighth Circuit · 1938
- Commissioner of Internal Revenue v. John Danz Charitable TrustCourt of Appeals for the Ninth Circuit · 1960
- John Danz Charitable Trust v. CommissionerUnited States Tax Court · 1959
- Horace Heidt Foundation v. United StatesUnited States Court of Claims · 1959
- Forest v. DavisCity of New York Municipal Court · 1897