Brown v. Commissioner
United States Board of Tax Appeals
1. The transfer of stock to the wife of the petitioner's decedent was made in contemplation of death. 2. Taxes on property held by the executors of an estate, which are accrued and paid after the estate came into being, are not deductible from the corpus as administrative expenses.
1Opinion of the Court
RUTH MCNUTT BROWN AND GEORGE L. NYE, AS EXECUTORS OF THE ESTATE OF DAVID R. C. BROWN, DECEASED, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Brown v. Commissioner
Docket No. 67940.
United States Board of Tax Appeals
29 B.T.A. 1183; 1934 BTA LEXIS 1411;
February 23, 1934, Promulgated
1. The transfer of stock to the wife of the petitioner's decedent was made in contemplation of death.
2. Taxes on property held by the executors of an estate, which are accrued and paid after the estate came into being, are not deductible from the corpus as administrative expenses.
Lewis A. Dick, Esq.,…
2Cases cited1 opinion
- Brown v. CommissionerUnited States Board of Tax Appeals · 1934