BLUMENTHAL v. COMMISSIONER OF INTERNAL REVENUE

No. 200.

76 F.2d 507 (1935)

BLUMENTHAL v. COMMISSIONER OF INTERNAL REVENUE.

Circuit Court of Appeals, Second Circuit.

April 1, 1935.


Attorney(s) appearing for the Case

Eugene Blumenthal, of New York City (Eugene Blumenthal, David Levy, and Walter H. Liebman, Jr., all of New York City, of counsel), for petitioner.

Frank J. Wideman, Asst. Atty. Gen., and J. Louis Monarch and Morton K. Rothschild, Sp. Assts. to Atty. Gen., for respondent.

Before MANTON, SWAN, and AUGUSTUS N. HAND, Circuit Judges.


MANTON, Circuit Judge.

Petitioner seeks a review of a deficiency assessment against her for income taxes for 1929. It is based upon petitioner's failure to include, in her return, dividends in the sum of $47,250. representing accumulated dividends of $31,500 and current dividends of $15,700, all paid to the trustees of an irrevocable trust which petitioner created February 5, 1929. On that date, she conveyed 3,000 shares of cumulative preferred stock of Sidney Blumenthal...

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