In re the Estate of Elletson

Woodin, S.

The amendment to the Transfer Tax Law passed July 21, 1911, provides a new rate of tax upon the transfer of property passing to any person or corporation; and subdivision 1 of section 221-a reads as follows: “ On a transfer taxable under this article of property or any beneficial interest therein of an amount in excess of the value of five thousand dollars to any father, mother, * * * the tax on such transfer shall be at the rate of one per centum on any amount in excess of five thousand dollars up to the sum of fifty thousand dollars; two per centum -on any amount in excess of…