Central Trust Co. v. James

Maxwell, President:

This case involves the question whether, in determining the amount of inheritance tax under the applicable statute of this state, there may be deduction of the amount of the federal estate tax which has been paid on the same property.

The estate involved is that of Anna Perry Caperton and was appraised at $217,407.25. The federal estate tax, laid under Act of Congress of 1926, U. S. C. A., Title 26, Section 410, was $14,720.65. This was paid by the executor.

The inheritance tax due from the Caperton estate to the State of West Virginia under its statute has been paid, except…