Legal Opinion
Willis v. United States
District Court, D. Maryland
Decided March 1, 1978No. Civ. T-76-379PublishedCited by 2 opinions
1Opinion of the Court
THOMSEN, Senior
District Judge.
In this action, tried before the court without a jury, Plaintiff seeks recovery of gift taxes for the years 1971 and 1972 and interest thereon, assessed against her and paid by her to the Government. Plaintiff contends: (1) that gifts in trust of an income interest, made by her in December 1971 and January 1972, constitute present interest qualifying for the $3,000 per donee exclusion under section 2503(b) of the 1954 Code; and (2) that the actuarial tables promulgated by the Internal Revenue Service in the Gift Tax Regulations are the appropriate method for…
2Cases cited3 opinions
- Marie H. Hamm v. Commissioner of Internal Revenue, William Hamm, Jr. v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1963
- Commissioner v. DisstonSupreme Court of the United States · 1945
- Mercantile-Safe Deposit and Trust Co. v. United StatesDistrict Court, D. Maryland · 1970
3Cited by2 opinions
- Maryland National Bank and Ralph Norris, Personal Representatives of the Estate of Katherine L. N. Willis, Deceased v. United StatesCourt of Appeals for the Fourth Circuit · 1980
- Maryland National Bank and Ralph Norris, Personal Representatives of the Estate of Katherine L. N. Willis, Deceased v. United StatesCourt of Appeals for the Fourth Circuit · 1980