Old Colony Trust Co. v. Commissioner
United States Board of Tax Appeals
Distributions to a widow who elected to take under the will of her husband instead of her statutory dower rights under the statutes of Massachusetts, may not be deducted by the trustees in the computation of net taxable income of the trust.
1Opinion of the Court
OLD COLONY TRUST COMPANY, FRANK B. BEMIS AND PARKER CONVERSE, TRUSTEES U/W OF HARRY E. CONVERSE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Old Colony Trust Co. v. Commissioner
Docket No. 54984.
United States Board of Tax Appeals
27 B.T.A. 1084; 1933 BTA LEXIS 1249;
April 6, 1933, Promulgated
Distributions to a widow who elected to take under the will of her husband instead of her statutory dower rights under the statutes of Massachusetts, may not be deducted by the trustees in the computation of net taxable income of the trust.
Harris H. Gilman, Esq., for the petitioners.
C. A.…
2Cases cited3 opinions
- Butterworth v. CommissionerUnited States Board of Tax Appeals · 1931
- George D. Harter Bank v. CommissionerUnited States Board of Tax Appeals · 1933
- Old Colony Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1933