Legal Opinion
Pennsylvania Co. for Ins., etc. v. Commissioner
United States Board of Tax Appeals
Decided April 18, 1932No. Docket No. 41194PublishedCited by 1 opinion
The American Anti-Vivisection Society was not organized and is not operated exclusively to prevent cruelty to animals.
1Opinion of the Court
OPINION.
Lansdon :
The respondent has proposed an additional assessment of estate tax in the amount of $11,657.56. The only issue is whether a bequest to the American Anti-Vivisection Society of Philadelphia is exempt from estate tax under the provisions of section 303 (a) (3) of the Revenue Act of 1924. The parties have entered into certain stipulations which the Board accepts and incorporates in this report by reference.
So far as pertinent to this proceeding, section 303 (a) (3), which governs the issue here, is as follows:
For the purpose of the tax the value of the net estate shall be…
2Cases cited3 opinions
- Commonwealth v. TurnerMassachusetts Supreme Judicial Court · 1887
- Waters v. the PeopleSupreme Court of Colorado · 1896
- State v. . PorterSupreme Court of North Carolina · 1893
3Cited by1 opinion
- Pennsylvania Co. for Ins., etc. v. CommissionerUnited States Board of Tax Appeals · 1932