The respondent determined deficiencies in the petitioner's income taxes for the years 1936, 1937, 1938, and 1939 in the amounts of $18,135.86, $39,868.28, $4,211.30, and $5,418.03, respectively. Several issues were settled by agreement and concession. The sole issue remaining in controversy is whether or not income from certain trusts established by the petitioner for the benefit of his children is taxable to him after such beneficiaries attained their majority.
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