hello, please see attached assignment I need help with thanks

Helvering v. Horst, 311 US112 (1940) The prompt for this case is to put yourselves in the shoes of a presenter at a tax conference. You're presenting an important case. Brief discussion of pertinent facts. Brief discussion of the issue, analysis, and conclusion. Then some questions at the end. Be ruthlessly concise without missing important detail. Feel free to include speaker's notes where you'd have more detail. I need a PowerPoint presentation on the issue above the case is Helvering v. Horst, 311 US112 (1940) You had help me out recently on couple of my papers so am looking for your help again thanks Helvering v. Horst, 311 US112 Helvering v. Horst, 311 US112 This is a case that was presented in 1935 where an owner of negotiable bonds detached himself from the bonds negotiable interest coupons before due date and gave his son as a gift. The son collected them upon maturity in the same year. Helvering v. Horst is a case that applied the income doctrine to income. Helvering v. Horst was an opinion made by the United state supreme court which was adopted and developed in the fruit and tree metaphor used in the case between Lucas and Earl in 1930. Helvering v. Horst, 311 US112 Facts In 1934, an owner of a negotiable bonds, whose cash receipt was reported on income basis, detected them from the bond negotiable interest on transferred them to his son as gifts before their due date. In the same year his son collected them at maturity and a realization of income in the amount of payment was received. Helvering v. Horst, 311 US112 Issues The issues before court was whether the income should realized when considering the gift coupons during the transfer taxable year attached from the bond. The main purpose for income tax law is the issue of taxation of income to those who earn and to those who enjoy the benefit to its when received. Helvering v. Horst, 311 US112 Holding and rational The court decided that Paul Horst was liable for income tax received by his son on the interest payment. The court held that the power to dispose income is equivalent to ownerships for Paul Horst was able enjoy the economic benefits of income best he was able to separate on interest coupons from bond and procure payment of the interest to his son. The court further stated that the taxpayer has equal enjoyment of his income whether he collect it or he dispose it his rights to collect it. Conclusion Horst has important implications for taxpayer trying to dispose their tax burden to they rights or others. A taxpayer who is normally taxable for his receipts on interest payment cannot escape taxation by shifting his rights to such income. In assigning of income from property to second person in particularly a family member in the form of a gift the court view such act as evading taxation. Helvering v. Horst, 311 US112 Questions During a donor's taxable year, the interest coupon detached from the bonds, is the realization of income taxable to the donor or the person who received the gift? Is it possible to avoid tax through gifting all his right to income if gifting is done in advance of payment? What is the purpose of the income tax law in regards to income taxation? i. To those who create the right to receive it? ii. To those who enjoy the benefit when they are paid out? Helvering v. Horst, 311 US112 Helvering v. Horst, 311 US112 This is a case that was presented in 1935 where an owner of negotiable bonds detached himself from the bonds negotiable interest coupons before due date and gave his son as a gift. The son collected them upon maturity in the same year. Helvering v. Horst is a case that applied the income doctrine to income. Helvering v. Horst was an opinion made by the United state supreme court which was adopted and developed in the fruit and tree metaphor used in the case between Lucas and Earl in 1930. Helvering v. Horst, 311 US112 Facts In 1934, an owner of a negotiable bonds, whose cash receipt was reported on income basis, detected them from the bond negotiable interest on transferred them to his son as gifts before their due date. In the same year his son collected them at maturity and a realization of income in the amount of payment was received. Helvering v. Horst, 311 US112 Issues The issues before court was whether the income should realized when considering the gift coupons during the transfer taxable year attached from the bond. The main purpose for income tax law is the issue of taxation of income to those who earn and to those who enjoy the benefit to its when received. Helvering v. Horst, 311 US112 Holding and rational The court decided that Paul Horst was liable for income tax received by his son on the interest payment. The court held that the power to dispose income is equivalent to ownerships for Paul Horst was able enjoy the economic benefits of income best he was able to separate on interest coupons from bond and procure payment of the interest to his son. The court further stated that the taxpayer has equal enjoyment of his income whether he collect it or he dispose it his rights to collect it. Conclusion Horst has important implications for taxpayer trying to dispose their tax burden to they rights or others. A taxpayer who is normally taxable for his receipts on interest payment cannot escape taxation by shifting his rights to such income. In assigning of income from property to second person in particularly a family member in the form of a gift the court view such act as evading taxation. Helvering v. Horst, 311 US112 Questions During a donor's taxable year, the interest coupon detached from the bonds, is the realization of income taxable to the donor or the person who received the gift? Is it possible to avoid tax through gifting all his right to income if gifting is done in advance of payment? What is the purpose of the income tax law in regards to income taxation? i. To those who create the right to receive it? ii. To those who enjoy the benefit when they are paid out? . Does the above case provide measures to curb the shifting of tax burden to some else? How? . Is it possible to assign income from ones property to another person? Discuss in relation to a family member and a non family member