Legal Opinion
Newcomer v. United States
District Court, W.D. Pennsylvania
Decided March 31, 1978No. Civ. A. No. 74-903PublishedCited by 1 opinion
1Opinion of the Court
OPINION
COHILL, District Judge.
In this action plaintiff, the Estate of William E. Newcomer, Deceased, William A. Newcomer, Executor, seeks refund of federal estate taxes paid in accordance with an Internal Revenue Service (“IRS”) review. The sole issue is to determine the fair market value of 45,955 shares of common stock of Newcomer Products, Inc. (“NPI”) on July 6,1967, the date of death of William E. Newcomer (the “decedent”). This question is one of fact. See, e.g., Diefenthal v. United States, 343 F.Supp. 1208, 1210 (E.D.La.1972). Jurisdiction is provided by 28 U.S.C. § 1346(a)(1).
Applicab…
2Cases cited4 opinions
- Ithaca Trust Co. v. United StatesSupreme Court of the United States · 1929
- Burton-Sutton Oil Co. v. CommissionerSupreme Court of the United States · 1946
- Mildred E. Walter, Executors De Bonis Non of the Estate of Gertrude C. Walter, Deceased v. United StatesCourt of Appeals for the Sixth Circuit · 1965
- Diefenthal v. United StatesDistrict Court, E.D. Louisiana · 1972
3Cited by1 opinion
- Estate of NewcomerDistrict Court, W.D. Pennsylvania · 1978