BUFFINGTON, Circuit Judge.
These two appeals concern income tax in the same estate; one for the tax year of 1927, the other for 1929.
The underlying question involved is whether the gains realized in those years from the sale of certain stocks and real estate constituted corpus of the estate, and the tax was, therefore, payable by the trustees of the estate, or were gains and profits of the beneficiaries, and the tax was, therefore, payable by them. The Tax...
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