Work v. Commissioner
United States Tax Court
1. Where title to corporate stock remained registered in the name of a decedent's estate and the executors in 1930 received, administered and distributed the rental-dividends therefrom in their fiduciary capacities, held that the estate and the petitioners as executors are liable as transferees for the unpaid income taxes of the corporation for 1930 under the provisions of section 311 of the Revenue Act of 1928. Samuel Wilcox, 16 T. C. 572, and Estate of Irving Smith, 16 T.…
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1. Where title to corporate stock remained registered in the name of a decedent's estate and the executors in 1930 received, administered and distributed the rental-dividends therefrom in their fiduciary capacities, held that the estate and the petitioners as executors are liable as transferees for the unpaid income taxes of the corporation for 1930 under the provisions of section 311 of the Revenue Act of 1928. Samuel Wilcox, 16 T. C. 572, and Estate of Irving Smith, 16 T. C. 807, followed. 2. Where title to corporate stock remained in the name of a decedent's estate but the estate held the…
1Opinion of the Court
Estate of Frank Work, Guy Cary, A. Loeb Salkin and Walter Maynard, as Executors and Trustees Under the Last Will and Testament of Frank Work, Deceased, Petitioners, v. Commissioner of Internal Revenue, Respondent
Work v. Commissioner
Docket Nos. 102805, 102807
United States Tax Court
16 T.C. 863; 1951 U.S. Tax Ct. LEXIS 219;
April 23, 1951, Promulgated
Decisions will be entered under Rule 50.
1. Where title to corporate stock remained registered in the name of a decedent's estate and the executors in 1930 received, administered and distributed the rental-dividends therefrom in their fiduciary…
2Cases cited3 opinions
- Wilcox v. CommissionerUnited States Tax Court · 1951
- Estate of Smith v. CommissionerUnited States Tax Court · 1951
- Work v. CommissionerUnited States Tax Court · 1951