Helvering v. McIlvaine, 296 U.S. 488 (1936)
U.S. Supreme Court
Helvering v. McIlvaine, 296 U.S. 488 (1936)Helvering v. McIlvaine
No. 566
Argued December 17, 1935
Decided January 6, 1936
296 U.S. 488
Syllabus
Decided upon the authority of United States Trust Co. v. Commissioner, ante p. 296 U. S. 481.
78 F.2d 787 affirmed.
Certiorari to review a judgment affirming a decision of the Board of Tax Appeals, 27 B.T.A. 304, which overruled an additional tax assessment on a trustee.
U.S. Supreme Court
Helvering v. McIlvaine, 296 U.S. 488 (1936)Helvering v. McIlvaine
No. 566
Argued December 17, 1935
Decided January 6, 1936
CERTIORARI TO THE CIRCUIT COURT OF APPEALS
FOR THE SEVENTH CIRCUIT
Syllabus
Decided upon the authority of United States Trust Co. v. Commissioner, ante p. 296 U. S. 481.
78 F.2d 787 affirmed.
Certiorari to review a judgment affirming a decision of the Board of Tax Appeals, 27 B.T.A. 304, which overruled an additional tax assessment on a trustee.
MR. CHIEF JUSTICE HUGHES delivered the opinion of the Court.
The question presented in this case is similar to that involved in United States Trust Co. v. Commissioner, ante, p. 296 U. S. 481. By amendments under a reserved power, the terms of an original trust created by John P. Wilson, in 1913, were altered with the intention of creating three separate trusts. The Board of Tax Appeals, upon findings supported by evidence, concluded that this purpose was accomplished, and hence that there was no deficiency. 29 B.T.A. 304. The Circuit Court of Appeals affirmed the order of the Board. 78 F.2d 787. We granted certiorari because of the conflict with the decision of the Circuit Court of Appeals for the Second Circuit in the case of the United States Trust Co., supra, 75 F.2d 973, and, for the reasons stated in our opinion in that case, the decree of the Circuit Court of Appeals is
Affirmed.
Justia Annotations is a forum for attorneys to summarize, comment on, and analyze case law published on our site. Justia makes no guarantees or warranties that the annotations are accurate or reflect the current state of law, and no annotation is intended to be, nor should it be construed as, legal advice. Contacting Justia or any attorney through this site, via web form, email, or otherwise, does not create an attorney-client relationship.