OPINION.
MURDOCK, Judge:
The Commissioner determined a deficiency of $2,424.38 in gift tax for the calendar year 1937. The parties have filed a stipulation which is adopted as the findings of fact.
The petitioner filed a gift tax return for 1937 with the collector of internal revenue for the first district of New Jersey, in which she reported certain gifts to her children, excluded $5,000 on each, and claimed a specific exemption of $40,000...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
