CAMP v. COMMISSIONER OF INTERNAL REVENUE

No. 4573.

195 F.2d 999 (1952)

CAMP v. COMMISSIONER OF INTERNAL REVENUE.

United States Court of Appeals First Circuit.

April 17, 1952.


Attorney(s) appearing for the Case

Whitman Knapp, New York City (Edwin S. Cohen, Sinclair Hatch, and Hatch, Root, Barrett, Cohen & Knapp, all of New York City, on brief), for petitioner.

L. W. Post, Sp. Asst. to Atty. Gen. (Theron Lamar Caudle, Asst. Atty. Gen., and Ellis N. Slack, Sp. Asst. to Atty. Gen., on brief), for respondent.

Before MAGRUDER, Chief Judge, and WOODBURY and HARTIGAN, Circuit Judges.


MAGRUDER, Chief Judge.

Frederic E. Camp petitions for review of a decision of the Tax Court entered November 7, 1950, holding that petitioner was deficient in his gift tax for the year 1937 in the amount of $55,737.08, and for the year 1943 in the amount of $1,839.99. Primarily, the issue relates to the year 1937; the Tax Court's determination as to 1937 resulted in an upward revision of the figure for taxpayer's net gifts for the years prior to 1943, and thus, as...

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