Camiel Thorrez v. Commissioner or Internal Revenue
This text of 272 F.2d 945 (Camiel Thorrez v. Commissioner or Internal Revenue) is published on Counsel Stack Legal Research, covering Court of Appeals for the Sixth Circuit primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
This case involving Sections 1003(b) (3), 1000(f)(1)(A) and 1004(a)(1) of the Internal Revenue Code of 1939, 26 U.S.C.A. §§ 1003(b)(3), 1000(f)(1)(A), 1004(a)(1), was heard upon petition for review of the decision of the Tax Court of the United States. The principal question presented on appeal was whether gifts in trust made by the taxpayer for the benefit of minor grandchildren were gifts of present or of future interests.
We agree with the decision of the Tax Court that the gifts were of future interests for the reasons stated in its opinion, 31 T.C. 655.
The decision of the Tax Court is affirmed.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
272 F.2d 945, 5 A.F.T.R.2d (RIA) 1825, Counsel Stack Legal Research, https://law.counselstack.com/opinion/camiel-thorrez-v-commissioner-or-internal-revenue-ca6-1959.