OPINION.
TURNER, Judge:
The petitioner questions the correctness of the respondent's determination of an income tax deficiency of $84,548.75 for the year 1937. The case was submitted under Rule 30 (a) of the Court's Rules of Practice, and the facts are found as stipulated by the parties.
Questions presented are (1) whether the income of a trust which the petitioner created, naming his wife and his descendants as beneficiaries, is taxable to...
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