Edwin W. Hudspeth and Maxine G. Hudspeth v. United States

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that “the shareholders’ vote remains sufficient to constitute the necessary severance of gain”
• finding significant that \the donees here were powerless to vitiate taxpayer's manifest intent to liquidate or provide them with the corporation's assets through redemption\
• finding significant that “the donees here were powerless to vitiate taxpayer’s manifest intent to liquidate or provide them with the corporation’s assets through redemption”
• describing donated shares as “merely empty vessels by which the taxpayer conveyed the liquidation proceeds”
• finding an assignment of income where stock was donated after shareholders had voted and taken steps to liquidate the corporation
• finding significant that “the donees here were powerless to vitiate taxpayer’s manifest intent to liquidate or provide them with the corporation’s assets through redemption”

Source: CourtListener parenthetical corpus (CC0).