SOUTH PENN OIL CO. v. COMMISSIONER OF INTERNAL REVENUE, 17 T.C. 27 (1951) SOUTH PENN OIL COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 21975.United States Tax Court. Promulgated July 17, 1951. 1. A trust, forming part of a pension plan, was created by petitioner in 1933, within the meaning of section 165 (a), […]
