Tax Commission v. Parker

These cases involve the interpretation of the provision of Section 5332, General Code:

“A tax is hereby levied upon the succession to any property passing, in trust or otherwise, to or for the use of a person, institution or corporation, in the following cases: * * *

“3. When the succession is to property from a resident, * * * by deed, grant, sale, assignment or gift, made without a valuable consideration substantially equivalent in money or money’s worth to the full value of such property:

“(a) In contemplation of the death of the grantor * *

Also, the provision of Section 5332-2, General Code:

“…