Memorandum Findings of Fact and Opinion
The respondent determined a deficiency of $10,149.71 in the petitioner's income tax for the year 1941.
The single issue is whether or not the petitioner is taxable upon the income from four trusts created by him in one instrument on December 24, 1935, for the benefit of his wife and his three children.
Findings of Fact
Certain facts were stipulated or admitted in the pleadings. Those material to the...
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