Brous v. Commissioner
United States Tax Court
Life insurance which to the extent of decedent's payments of the premiums prior to 1941 is includible in gross estate only in the event of the retention by decedent of an "incident of ownership" (Revenue Act of 1942, section 404, amending Internal Revenue Code, section 811 (g), held properly includible in view of decedent's reversionary interest in the insurance policies. Sec. 404 (c).
1Opinion of the Court
Estate of Herman D. Brous, Rebecca H. Brous, Administratrix, Petitioner, v. Commissioner of Internal Revenue, Respondent
Brous v. Commissioner
Docket No. 13743
United States Tax Court
10 T.C. 597; 1948 U.S. Tax Ct. LEXIS 223;
April 13, 1948, Promulgated
Decision will be entered under Rule 50.
Life insurance which to the extent of decedent's payments of the premiums prior to 1941 is includible in gross estate only in the event of the retention by decedent of an "incident of ownership" (Revenue Act of 1942, section 404, amending Internal Revenue Code, section 811 (g), held properly includible in view…
2Cases cited3 opinions
- Welliver v. CommissionerUnited States Tax Court · 1947
- Early v. RogersSupreme Court of the United States · 1854
- Brous v. CommissionerUnited States Tax Court · 1948