BLAIR V. COMMISSIONER
300 U.S. 5 (1937)
NATURE OF THE CASE: This was a dispute over the tax consequences of the assignment of a
trust interest.
FACTS: D owned an income interest in a trust for life. He assigned a portion of all of
his future income from the trust to his children. A dispute erupted over who was responsible
for the payment of taxes from the trust; the father or the children. The IRS wanted the
father to pay. The Board of Tax Appeals ruled for the father and the Circuit Court of
Appeals reversed. The Supreme Court granted certiorari.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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