Smietanka, Collector of Internal Revenue v. First Trust & Savings Bank
Citations
- 257 U.S. 602
- 42 S. Ct. 223
- 66 L. Ed. 391
- 1922 U.S. LEXIS 2441
Syllabus
<p>Í. The Income Tax Act of 1913 made no provision for taxing income held and accumulated by a trustee for unborn and unascertained beneficiaries. P. 605.</p> <p>2. Semble that the specific inclusion of such income by the Act of 1916 was a legislative interpretation of the earlier act as not including it. P. 607.</p>
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- interpreting a provision of the Income Tax Law of 1913 relating to the taxation of income held and accumulated by a trustee for the benefit of unborn and unascertained persons
Source: CourtListener parenthetical corpus (CC0).
Judges: Taft
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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