Estate of Reis v. Commissioner
United States Tax Court
In 1970, Mark Rothko, a well-known American painter, died. The bulk of his estate (including many of his original paintings) was bequeathed to the Mark Rothko Foundation. Shortly after Rothko's death, the decedent Bernard J. Reis and the other executors of the Mark Rothko estate entered into contracts on behalf of the estate for the sale of the paintings through the Marlborough Gallery, Inc., or one of its affiliated companies.
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In 1970, Mark Rothko, a well-known American painter, died. The bulk of his estate (including many of his original paintings) was bequeathed to the Mark Rothko Foundation. Shortly after Rothko's death, the decedent Bernard J. Reis and the other executors of the Mark Rothko estate entered into contracts on behalf of the estate for the sale of the paintings through the Marlborough Gallery, Inc., or one of its affiliated companies. Individual executors of the Mark Rothko estate (including decedent Bernard J. Reis) also were directors of the Mark Rothko Foundation and were employees of the…
1Opinion of the Court
Estate of Bernard J. Reis, Deceased, Rebecca G. Reis, Executrix, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Reis v. Commissioner
Docket Nos. 3095-77, 8466-78, 8775-77
United States Tax Court
87 T.C. 1016; 1986 U.S. Tax Ct. LEXIS 22; 87 T.C. No. 64;
November 10, 1986, Filed
In 1970, Mark Rothko, a well-known American painter, died. The bulk of his estate (including many of his original paintings) was bequeathed to the Mark Rothko Foundation. Shortly after Rothko's death, the decedent Bernard J. Reis and the other executors of the Mark Rothko estate entered into contracts on…
2Cases cited38 opinions
- Parklane Hosiery Co. v. ShoreSupreme Court of the United States · 1979
- Montana v. United StatesSupreme Court of the United States · 1979
- St. Louis Baptist Temple, Inc. v. Federal Deposit Insurance CorporationCourt of Appeals for the Tenth Circuit · 1979
- Espinoza v. CommissionerUnited States Tax Court · 1982
- In re the Estate of RothkoNew York Court of Appeals · 1977
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