G. H. Beavers v. Commissioner

G. H. Beavers v. Commissioner.

G. H. Beavers v. Commissioner

Docket No. 10344.

United States Tax Court

1947 Tax Ct. Memo LEXIS 232; 6 T.C.M. (CCH) 410; T.C.M. (RIA) 47103;

April 24, 1947

Robert Ash, Esq., Munsey Bldg., Washington, D.C., for the petitioner. Donald P. Chehock, Esq., and James L. Backstrom, Esq., for the respondent.

DISNEY

Memorandum Opinion

DISNEY, Judge: This case is one involving a deficiency in gift tax liability for the calendar year 1943, determined in the amount of $13,721.64. The parties have stipulated the value of the property comprising the gift, also the amount of exemption…