Ankeny v. Commissioner
United States Board of Tax Appeals
Certain bank credits held exempt from estate taxes under the provisions of section 403(a)(2) of the Revenue Act of 1918.
1Opinion of the Court
*1303OPINION.
Lansdon :
The petitioner claims the right to deduct the amount of $44,873.07 from the value of the gross estate of the decedent under the provisions of section 403(a)(2) of the Bevenue Act of 1918, which is as follows:
An amount equal to the value at the time of the decedent’s death of any property, real, personal, or mixed, which can be identified as having been received by the decedent as a share in the estate of any person who died within five years prior to the death of the decedent, or which can be identified as having been acquired by the decedent in exchange for property so…
2Cases cited1 opinion
- Lowell v. BrownCourt of Appeals for the First Circuit · 1922
3Cited by4 opinions
- Horlick v. KuhlDistrict Court, E.D. Wisconsin · 1945
- Wiggin v. HassettDistrict Court, D. Massachusetts · 1944
- Ankeny v. CommissionerUnited States Board of Tax Appeals · 1928
- Rolfe v. CommissionerUnited States Board of Tax Appeals · 1929