Thomson v. Helvering

The petitioner challenges a determination by the Board of Tax Appeals that income received by her in 1934, as trustee of two short-term, irrevocable family trusts created by her for the benefit of her husband, was her income for purposes of taxation.

The trusts created by petitioner were similar to the trust considered by this Court in Clifford v. Helvering, 8 Cir., 105 F.2d 586. At the time petitioner filed her brief, the ruling in that case would, no doubt, have entitled her to a reversal of the Board’s decision. Since that time, however, the Supreme Court of the United States, in Helvering…