Legal Opinion
United States Trust Co. v. Internal Revenue Service
Court of Appeals for the Fifth Circuit
Decided November 7, 1986No. 85-4947PublishedCited by 9 opinions
1Opinion of the Court
ROGER MADDEN HILL, Circuit Judge:
In this appeal we are asked to determine whether an estate taxpayer which has been allowed a deduction from its federal estate tax return for the amount of a bequest made to a charitable organization is also entitled to a deduction for the amount *1364of the bequest from its income tax return during the taxable year that the bequest was made. The United States Trust Company and the Estate of Alexander F. Chisholm (collectively, taxpayer), brought an action against the Internal Revenue Service (IRS) seeking a refund of federal income taxes paid by the taxpayer. On…
2Cases cited15 opinions
- United States v. CorrellSupreme Court of the United States · 1967
- United States v. CartwrightSupreme Court of the United States · 1973
- National Muffler Dealers Assn., Inc. v. United StatesSupreme Court of the United States · 1979
- Helvering v. R. J. Reynolds Tobacco Co.Supreme Court of the United States · 1939
- United States v. Vogel Fertilizer Co.Supreme Court of the United States · 1982
10 more not listed; retrieve them via the Exa API.
3Cited by9 opinions
- Frank F. And Judith J. Foil v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1990
- Estate of McLendon v. CommissionerCourt of Appeals for the Fifth Circuit · 1998
- Pacific First Federal Sav. Bank v. CommissionerUnited States Tax Court · 1990
- Estate of Johnson v. CommissionerUnited States Tax Court · 1987
- Estate of Johnson v. CommissionerUnited States Tax Court · 1987
4 more not listed; retrieve them via the Exa API.