Memorandum Opinion
OPPER, Judge:
The question upon which the redetermination of a deficiency in petitioner's gift tax for the year 1938 in the amount of $5,135.80 turns, is whether certain interests in income transferred by several trust agreements were present interests entitling petitioner to $5,000 exclusions for each beneficiary or were future interests which under the statute preclude such exclusions.
We find the facts as stipulated. In substance...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
