Other Relevant Cases
In Helvering v. Horst, the United States Supreme Court held:
that transfers of the rights to income may not be effective in shifting the tax burden to the recipient of that income
In Estate of Stranahan v. Commissioner, the United States Court of Appeals for the Sixth Circuit addressed the situation where the income rights are sold instead of gifted.
Read more about this topic: Salvatore V. Commissioner
Famous quotes containing the words relevant and/or cases:
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