Zander v. Commissioner of Internal Revenue

LEE, Circuit Judge.

This case is before us on petition to review the decisions of the Tax Court of the United States which held with the Commissioner of Internal Revenue that there were deficiencies in the 1941 and 1943 income taxes of Liston E. Zander and Mary Katharine Zander, husband and wife. Disposition of the case is dependent on a determination of the reality, for tax purposes, of a family partnership, composed, in this instance, of a father and his children and accomplished by means of gifts to the children from the father and mother under trust indentures naming the father trustee.

The…