ESTATE OF OLNEY v. COMMISSIONER

Docket No. 7529.

5 T.C.M. 503 (1946)

Estate of Lizzie Florence Olney, Rhode Island Hospital Trust Company, Executor v. Commissioner.

United States Tax Court.

Entered June 18, 1946.


Attorney(s) appearing for the Case

Harold B. Tanner, Esq., 15 Westminster St., Providence, R. I., for the petitioner. A. J. McDowell, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

This proceeding involves a deficiency in estate tax for the year 1942 in the amount of $45,933.57. Petitioner claims an overpayment in the amount of $2,549.33.

The sole issue for determination concerns the fair market value of 373½ shares of the capital stock of the Wanskuck Company as of August 1, 1942, the date of the decedent's death.

The parties have agreed that additional administration expenses occasioned...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases