COMMISSIONER OF INTERNAL REVENUE v. WILSON

No. 7745.

125 F.2d 307 (1942)

COMMISSIONER OF INTERNAL REVENUE v. WILSON.

Circuit Court of Appeals, Seventh Circuit.

January 31, 1942.


Attorney(s) appearing for the Case

Samuel O. Clark, Jr., Asst. Atty. Gen., and J. P. Wenchel, Bureau of Internal Revenue, and Edward H. Hammond, both of Washington, D. C., for petitioner.

Calvin F. Selfridge, of Chicago, Ill., for respondent.

Before EVANS, SPARKS, and KERNER, Circuit Judges.


KERNER, Circuit Judge.

Petitioner asks this court to review a decision of the Board of Tax Appeals absolving respondent from a claimed deficiency in income tax for the years 1934 and 1935.

On December 21, 1933, respondent created a trust for the benefit of his son to continue for not more than two years. The son was married and at that time was 28 years of age and had shortly prior thereto entered the employ of his father's law firm. This trust was created...

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