BOARD v. COMMISSIONER OF INTERNAL REVENUE, 14 T.C. 322 (1950) WILLIAM H. BOARD, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 22111.United States Tax Court. Promulgated March 1, 1950. Transfer of property by petitioner to his wife and childrenheld of facts an unconditional gift subject to gift tax, notwithstanding donees’ subsequent reconveyance after advice to […]
