Legal Opinion
Rheinstrom v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided June 26, 1939No. 11265PublishedCited by 30 opinions
1Opinion of the Court
SANBORN, Circuit Judge.
This is a petition to review a decision of the Board of Tax Appeals (37 B. T. A. 308) redetermining a deficiency in gift taxes of the petitioner for the year 1934, under the Revenue Act of 1932.1
The facts are not in dispute. On November 7, 1934, the taxpayer executed and delivered a trust instrument to three trustees, irrevocably transferring to them, in trust, personal property of the value of $205,222.27. The trust was created for the benefit of the taxpayer and her four children. By its terms, she retained a life interest in 40% of the entire net income. The trustees…
2Cases cited12 opinions
- Helvering v. St. Louis Union Trust Co.Supreme Court of the United States · 1935
- Salomon v. State Tax Comm'n of NYSupreme Court of the United States · 1929
- Commissioner of Internal Revenue v. WellsCourt of Appeals for the Seventh Circuit · 1937
- Commissioner of Internal Revenue v. KrebsCourt of Appeals for the Third Circuit · 1937
- Welch v. DavidsonCourt of Appeals for the First Circuit · 1939
7 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Helvering v. HutchingsSupreme Court of the United States · 1941
- Herzog v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1941
- Stockstrom v. Commissioner of Internal RevenueCourt of Appeals for the D.C. Circuit · 1951
- Fisher v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1942
- United States v. Armature Rewinding Co.Court of Appeals for the Eighth Circuit · 1942
25 more not listed; retrieve them via the Exa API.