Legal Opinion
Estate of Thomas W. Streeter, Deceased v. Commissioner of Internal Revenue
Court of Appeals for the Third Circuit
Decided January 11, 1974No. 72-1500PublishedCited by 5 opinions
1Opinion of the Court
OPINION OF THE COURT
GIBBONS, Circuit Judge.
This is an appeal by taxpayers from a decision of the United States Tax Court holding that they were not entitled to deduct as administration expenses on an estate tax return auctioneers commissions of $490,292.89 paid by the decedent’s testamentary trustees to Parké-Bernet Galleries, Inc. in connection with the sale of decedent’s “Americana Collection.” The tax court’s findings of fact and opinion are in T.C. Memo 1971-260. We affirm.
The decedent, a lawyer and a New Jersey resident, died testate on June 12, 1965. His will, admitted to probate in…
2Cases cited8 opinions
- Commissioner of Internal Revenue v. DavisCourt of Appeals for the First Circuit · 1943
- Haggart's Estate v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1950
- Sharpe's Estate v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1945
- In Re VoorheesNew Jersey Superior Court Appellate Division · 1967
- In re the Estate of SteelmanNew Jersey Superior Court Appellate Division · 1917
3 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Estate of Reilly v. CommissionerUnited States Tax Court · 1981
- Estate of Papson v. CommissionerUnited States Tax Court · 1979
- Estate of Agnew v. CommissionerUnited States Tax Court · 1975
- Estate of Papson v. CommissionerUnited States Tax Court · 1979
- Estate of Reilly v. CommissionerUnited States Tax Court · 1981