Legal Opinion
Kniep v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided February 10, 1949No. 13751PublishedCited by 27 opinions
1Opinion of the Court
RIDDICK, Circuit Judge.
This petition for a review of the decision of the Tax Court of the United States concerns deficiencies in petitioner’s gift taxes for the years 1943 and 1944. The question is whether, as the-Tax Court held, the Commissioner has correctly determined the amounts allowable as exclusions in respect of gifts of present interests under section 1003(b) (3) of the Internal Revenue Code, 26 U.S.C.A. § 1003(b) (3).
On March 12, 1943, the petitioner created a trust for the benefit of six persons. The trustees were directed to pay over to the beneficiaries all of the net income of…
2Cases cited10 opinions
- Henslee v. Union Planters National Bank & Trust Co.Supreme Court of the United States · 1949
- Merchants Nat. Bank of Boston v. CommissionerSupreme Court of the United States · 1943
- Fondren v. CommissionerSupreme Court of the United States · 1945
- Commissioner v. DisstonSupreme Court of the United States · 1945
- Helvering v. HutchingsSupreme Court of the United States · 1941
5 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- Evans v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1952
- Brody v. CommissionerUnited States Tax Court · 1952
- Evans v. CommissionerUnited States Tax Court · 1951
- George Fischer v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1961
- Calder v. CommissionerUnited States Tax Court · 1985
22 more not listed; retrieve them via the Exa API.