Hopkins v. Magruder

WILLIAM C. COLEMAN, District Judge.

The opinion filed on July 19, 1940, D.C., 34 F.Supp. 381, 385, in these cases, heard jointly, concludes with the following paragraph relating to the question presented. in case No. 6507 which was separate and distinct from the question presented in case No. 6483, namely, whether one or several exclusions of $5,000 is allowable under Section 504 (b) of the Revenue Act of 1932, 26 U.S.C.A.Int.Rev. Acts, page 585, in determining the amount of gifts in a trust, for the purpose of computing the gift tax thereon: “Since the precise question here involved,, under…