Guaranty Trust Co. v. Commissioner
United States Board of Tax Appeals
ESTATE TAX. - In valuing the gross estate of a resident decedent it is proper to include the value of tangible personal property located in foreign countries.
1Opinion of the Court
GUARANTY TRUST CO. OF NEW YORK, EXECUTOR, ESTATE OF RHOBIE CALDWELL SMALLMAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Guaranty Trust Co. v. Commissioner
Docket No. 31846.
United States Board of Tax Appeals
21 B.T.A. 330; 1930 BTA LEXIS 1869;
November 13, 1930, Promulgated
ESTATE TAX. - In valuing the gross estate of a resident decedent it is proper to include the value of tangible personal property located in foreign countries.
W. H. Dannat Pell, Esq., for the petitioner.
Lewis S. Pendleton, Esq., for the respondent.
ARUNDELL
The respondent has found a deficiency of $784.66 in…
2Cases cited1 opinion
- Guaranty Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1930