The respondent determined a deficiency in gift tax for the year 1943 in the amount of $6,870. The sole issue is the proper valuation of shares of common stock of Armstrong Cork Co., which, on October 26, 1943, were given to four separate trusts.
FINDINGS OF FACT.
Petitioner is an individual, residing in Edgeworth, Pennsylvania. He filed a gift tax return for 1943 with the collector for the twenty-third district of Pennsylvania at Pittsburgh.
Certain...
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