Tuttle v. Commissioner
United States Board of Tax Appeals
Income received by beneficiary, petitioner's divorced wife, under a trust established by petitioner during pendency of divorce proceedings and intended as a settlement between the parties of property rights arising from marriage, is not to be included in petitioner's income.
1Opinion of the Court
CARL B. TUTTLE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Tuttle v. Commissioner
Docket No. 70558.
United States Board of Tax Appeals
31 B.T.A. 782; 1934 BTA LEXIS 1038;
November 28, 1934, Promulgated
Income received by beneficiary, petitioner's divorced wife, under a trust established by petitioner during pendency of divorce proceedings and intended as a settlement between the parties of property rights arising from marriage, is not to be included in petitioner's income.
Ward H. Peck, Esq., and William C. Rowland, C.P.A., for the petitioner.
John D. Kiley, Esq., for the respondent.
2Cases cited2 opinions
- Helvering v. ButterworthSupreme Court of the United States · 1933
- Tuttle v. CommissionerUnited States Board of Tax Appeals · 1934