Boston Safe Deposit & Trust Co. v. Commissioner of Corporations & Taxation

This is a petition in equity, brought under G. L. (Ter. Ed.) c. 65, § 30, in which the petitioner, trus*38tee under the will of Josiah E. Bacon, seeks determination of the question whether the proceeds of money received from the United States due to a retroactive change in the United States estate tax are subject to the taxes imposed by G. L. c. 65, as amended. The case comes before us on the appeal of the petitioner from the decree entered by the judge that the sum of money involved was subject to an inheritance tax under G. L. c. 65, as amended.

The evidence is not reported but the judge made a…