Tavares v. Commissioner
United States Tax Court
Petitioner purchased an Irish sweepstakes ticket which he gave to his niece and which was registered in the niece's name. By a collateral agreement petitioner and his wife (a resident of the Cape Verde Islands) were entitled jointly to 50 per cent of any winnings on account of the ticket. The ticket proved to be a winning ticket and approximately $ 140,000 was paid to the niece who gave to the petitioner one-half thereof.
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Petitioner purchased an Irish sweepstakes ticket which he gave to his niece and which was registered in the niece's name. By a collateral agreement petitioner and his wife (a resident of the Cape Verde Islands) were entitled jointly to 50 per cent of any winnings on account of the ticket. The ticket proved to be a winning ticket and approximately $ 140,000 was paid to the niece who gave to the petitioner one-half thereof. Petitioner now claims to be taxable on only one-half of this half because of the alleged right of his wife to the other half of this half. Held, the collateral agreement…
1Opinion of the Court
Jose Tavares, Petitioner, v. Commissioner of Internal Revenue, Respondent
Tavares v. Commissioner
Docket No. 58576
United States Tax Court
32 T.C. 591; 1959 U.S. Tax Ct. LEXIS 165;
May 29, 1959, Filed
Decision will be entered for the respondent.
Petitioner purchased an Irish sweepstakes ticket which he gave to his niece and which was registered in the niece's name. By a collateral agreement petitioner and his wife (a resident of the Cape Verde Islands) were entitled jointly to 50 per cent of any winnings on account of the ticket. The ticket proved to be a winning ticket and approximately $ 140,000…
2Cases cited6 opinions
- Milgroom v. CommissionerUnited States Tax Court · 1959
- Droge v. CommissionerUnited States Board of Tax Appeals · 1937
- Haller v. Workingmen's Co-operative BankMassachusetts Supreme Judicial Court · 1928
- Babcock v. ThompsonMassachusetts Supreme Judicial Court · 1826
- White v. BussMassachusetts Supreme Judicial Court · 1849
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