State Tax Commission v. Wheatland

These are two appeals from a decision of the Appellate Tax Board. The case was submitted to the board on agreed facts, of which the following is a summary. The taxpayer, for the years 1953 through 1956, was a resident of this Commonwealth. Throughout this period he owned undivided fractional interests in forest land located in Maine, which he acquired principally by inheritance and gift. The' coowners consist of relatives, nonrelated individuals, fiduciaries, and corporations. The taxpayer, along with certain of the coowners, has given separate powers of attorney to Stephen Wheatland, also a…