Huntington v. Commissioner
United States Board of Tax Appeals
1. VALUATION. - Fair market value determined (1) of real estate, (2) of stock of the Huntington Land & Improvement Co. and (3) of real estate, (4) of stock of the Redondo Improvement Co. 2. DEDUCTIONS. - (5) Where an order of the probate court authorized the issuance of the estate's notes in the face amount of $9,500,000 to enable it to pay estate and inheritance taxes and claims, and also authorized discount and redemption premiums at specified rates and the payment of all…
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1. VALUATION. - Fair market value determined (1) of real estate, (2) of stock of the Huntington Land & Improvement Co. and (3) of real estate, (4) of stock of the Redondo Improvement Co. 2. DEDUCTIONS. - (5) Where an order of the probate court authorized the issuance of the estate's notes in the face amount of $9,500,000 to enable it to pay estate and inheritance taxes and claims, and also authorized discount and redemption premiums at specified rates and the payment of all expenses incident to such note issue; and pursuant to such order the executors incurred and paid discounts, premiums,…
1Opinion of the Court
ESTATE OF HENRY E. HUNTINGTON, DECEASED, SECURITY-FIRST NATIONAL BANK OF LOS ANGELES, SUCCESSOR TO LOS ANGELES-FIRST NATIONAL TRUST & SAVINGS BANK, AND THE PACIFIC SOUTHWEST TRUST & SAVINGS BANK, AND CAROLINE H. HOLLADAY, EXECUTORS, PETITIONERS, v. COMMISSIONER ON INTERNAL REVENUE, RESPONDENT.
Huntington v. Commissioner
Docket No. 47552.
United States Board of Tax Appeals
36 B.T.A. 698; 1937 BTA LEXIS 666;
October 22, 1937, Promulgated
1. VALUATION. - Fair market value determined (1) of real estate, (2) of stock of the Huntington Land & Improvement Co. and (3) of real estate, (4) of stock of the…
2Cases cited19 opinions
- Helvering v. TaylorSupreme Court of the United States · 1935
- Elmhurst Cemetery Co. of Joliet v. CommissionerSupreme Court of the United States · 1937
- Huntington v. CommissionerUnited States Board of Tax Appeals · 1937
- Sparrow v. CommissionerUnited States Board of Tax Appeals · 1929
- Irving Bank-Columbia Trust Co. v. CommissionerUnited States Board of Tax Appeals · 1929
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