Estate of Kasch v. Commissioner
United States Tax Court
Corpus of a trust created on December 30, 1938, held, not includible in decedent's gross estate under either subsection (c) (1) (B) or (d) (1) of section 811 of the Internal Revenue Code of 1939.
1Opinion of the Court
Akundell, Judge:
Respondent determined a deficiency in estate tax of $30,972.55, and a like amount, plus interest as provided by law, as a transferee liability against each of the three transferees.
Several errors were assigned but evidence has been offered only as to the following error:
Tbe Commissioner bas erred in including in tbe taxable estate tbe sum of $152,894.10, or any part thereof, representing tbe fair market value as of tbe date of decedent’s death of a trust created by decedent on December 30, 1938.
The proceedings were consolidated for trial and opinion.
The three…
2Cases cited12 opinions
- Commissioner v. Estate of HolmesSupreme Court of the United States · 1946
- Lober v. United StatesSupreme Court of the United States · 1953
- Industrial Trust Co. v. Commissioner of Internal Rev.Court of Appeals for the First Circuit · 1947
- Jennings v. SmithCourt of Appeals for the Second Circuit · 1947
- Loughridge's Estate v. Commissioner of Internal Revenue. Commissioner of Internal Revenue v. Loughridge's EstateCourt of Appeals for the Tenth Circuit · 1950
7 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Varian v. CommissionerUnited States Tax Court · 1966
- Estate of Farrel v. United StatesUnited States Court of Claims · 1977
- Estate of Jordahl v. CommissionerUnited States Tax Court · 1975
- ESTATE OF O'BRIEN v. COMMISSIONERUnited States Tax Court · 1978
- Estate of Jordahl v. CommissionerUnited States Tax Court · 1975
3 more not listed; retrieve them via the Exa API.