1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 3 T.C.M.
  5. 3 T.C.M. 1217 (1944)
 

COMMERCE TRUST COMPANY v. COMMISSIONER

Docket Nos. 1141, 1142.

3 T.C.M. 1217 (1944)

Commerce Trust Company, Trustee of the Investors Fund Trust (Series B), formerly the Insured Investors Trust (Series B), under Trust Indenture dated October 25, 1935, between Insured Investors, Incorporated, a Missouri corporation, first party, and said Commerce Trust Company, as Trustee, second party, and the Registered Holders from time to time of the Certificates issued under said Indenture, v. Commissioner. Commerce Trust Company, Trustee of the Investors Fund Trust (Series C), formerly the Insured Investors Trust (Series C), under Trust Indenture dated July 21, 1938, between Insured Investors, Incorporated, a Missouri corporation, first party, and said Commerce Trust Company, as Trustee, second party, and the Registered Holders from time to time of the Certificates issued under said Indenture, v. Commissioner.

United States Tax Court.

Entered November 20, 1944.

Attorney(s) appearing for the Case

Delos C. Johns, Esq., 1701 Bryant Bldg., Kansas City, Mo., for the petitioners. John E. Marshall, Esq., for the respondent.

Memorandum Findings of Fact and Opinion

ARNOLD, Judge:

The Commissioner determined deficiencies in income tax against two separate investment trusts, known as Investors Fund Trust (Series B) and Investors Fund Trust (Series C), for the calendar years 1939, 1940 and 1941. The three-year total of the claimed deficiencies in Docket No. 1141 (Series B) is $7,075.30. In Docket No. 1142 (Series C) the claimed deficiencies total $1,114.11. The issue is the same...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases