Keep v. District of Columbia. American Security & Trust Co. v. District of Columbia

PRETTYMAN, Circuit Judge.

These are petitions to review decisions of the Board of Tax Appeals for the District of Columbia. No. 10184 involves the Estate of Mabel Thorp Boardman, and No. 10185 involves the Estate of Elizabeth Still-man. The question concerns the inheritance tax to be. levied upon remainder interests.

The District of Columbia Revenue Act 1 provides that for inheritance tax purposes the value of any future interest is determined 'by deducting from the market value of the property at the time of the death of the decedent the value of the precedent life interest. But the statute…