[Download] "Hyman v. Nunan" by United States Court of Appeals for the Second Circuit # eBook PDF Kindle ePub Free
eBook details
- Title: Hyman v. Nunan
- Author : United States Court of Appeals for the Second Circuit
- Release Date : January 30, 1944
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 53 KB
Description
Florence S. Hyman appeals from an order of the Tax Court assessing a deficiency in her income tax for the year 1939, and a second order assessing a gift tax.Bertha M. Gordon appeals from an order assessing a deficiency in her income tax for the same year. In each appeal as to the income tax deficiencies two points are involved: (1) whether a dividend, assigned by the taxpayer as a gift two days before it was declared, and paid sixteen days after the assignment, was part of the taxpayers gross income; (2) whether the income from a trust in personal property set up by the taxpayer for her son, remained her income. In the appeal from the gift tax only one point arises: whether the Tax Court correctly appraised the value of the assigned dividend.