United States Tax Court March 29, 1944, Docket No. 112702 (Lusthaus v. Commissioner)

lead-opinion

OPINION.

Smith, Judge-.

We think that the respondent has correctly determined that petitioner is taxable on all of the profits from his furniture business in 1940. The evidence here discloses another of those superficial arrangements whereby a husband undertakes to make his wife a partner in his business for the obvious, if not the sole, purpose of reducing his income taxes.