Rodenbough v. Commissioner
United States Board of Tax Appeals
The value of property purchased by decedent through investments of proceeds of sale of securities acquired by decedent as a share in the estate of a prior decedent who died within five years and on whose estate an estate tax was paid, was acquired in exchange within the meaning of section 403(a)(2) of the Revenue Act of 1918 and such value is not properly to be included in the value of decedent's gross estate.
1Opinion of the Court
Appeal of ELMER E. RODENBOUGH, Executor of the Estate of ELIZABETH McCAHAN RODENBOUGH, Deceased.
Rodenbough v. Commissioner
Docket No. 465.
United States Board of Tax Appeals
1 B.T.A. 477; 1925 BTA LEXIS 2890;
January 31, 1925, decided Submitted January 5, 1925.
The value of property purchased by decedent through investments of proceeds of sale of securities acquired by decedent as a share in the estate of a prior decedent who died within five years and on whose estate an estate tax was paid, was acquired in exchange within the meaning of section 403(a)(2) of the Revenue Act of 1918 and such value…
2Cases cited1 opinion
- Rodenbough v. CommissionerUnited States Board of Tax Appeals · 1925