Ross v. Commissioner
United States Board of Tax Appeals
Upon the evidence, held, that a gift of certain bonds was made in 1920 and not in 1925, as determined by the respondent.
1Opinion of the Court
*42OPINION.
Smith :
The only question for determination in these proceedings is whether the gift of bonds to the petitioners, upon which the respondent has computed the gift tax of $29,243.31, took place in 1925 as the respondent has determined, and is therefore subject to the gift *43tax provisions of the Revenue Act of 1924, sections 319 to 324, inclusive, as amended by section 324 (a) of the 1926 Act, or whether the gift was made in 1920 as the petitioners contend, prior to the effective date of any Federal gift tax law.
The petitioners admit that they each received assets from the decedent’s…
2Cases cited13 opinions
- Martin v. MartinIllinois Supreme Court · 1897
- Telford v. PattonIllinois Supreme Court · 1892
- Estate of Beatty v. Western College of ToledoIllinois Supreme Court · 1898
- Hynes v. WhiteCalifornia Court of Appeal · 1920
- Trubey v. PeaseIllinois Supreme Court · 1909
8 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- Apt v. BirminghamDistrict Court, N.D. Iowa · 1950
- Varnell v. CommissionerUnited States Board of Tax Appeals · 1933
- Canning v. CommissionerUnited States Board of Tax Appeals · 1933
- Canning v. CommissionerUnited States Board of Tax Appeals · 1933
- Neville v. CommissionerUnited States Tax Court · 1967
2 more not listed; retrieve them via the Exa API.