Ward v. Commissioner
United States Board of Tax Appeals
The action of the Commissioner of Internal Revenue, in holding that certain rentals paid to the wife of a lessor of property under assignment made by the latter constituted income to the husband, is sustained.
1Opinion of the Court
*356OPINION.
Lansdon :
Two items of income are affected by the assignments of error under consideration here. The first is a balance in rent payable to the decedent through the bank, and the other is made up of sums paid direct under a written contract with decedent for easement rights. It is the contention of the petitioners that in each case the decedent, by his assignment, completely divested himself of all property rights and interests in and to the several sums paid under these contracts to his assignees, so that when paid they constituted income to such assignees and not to decedent. In…
2Cases cited6 opinions
- Hogan v. Globe Mutual Building & Loan Ass'nCalifornia Supreme Court · 1903
- Murphy v. HopcroftCalifornia Supreme Court · 1904
- O'Brien v. GaribaldiCalifornia Court of Appeal · 1911
- Pohlman v. WilcoxCalifornia Supreme Court · 1905
- Deeble v. Exchange National BankCalifornia Court of Appeal · 1916
1 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Ward v. CommissionerUnited States Board of Tax Appeals · 1931