ESTATE OF TARVER v. COMMISSIONER

Docket No. 57255.

26 T.C. 490 (1956)

ESTATE OF THEODORE GEDDINGS TARVER, DECEASED, THE CITIZENS AND SOUTHERN NATIONAL BANK OF SOUTH CAROLINA, EXECUTOR, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed June 8, 1956.


Attorney(s) appearing for the Case

William P. Congdon, Esq., for the petitioner.

George W. Calvert, Esq., for the respondent.


The respondent determined a deficiency in estate tax in the amount of $66,095.46. Certain issues raised by the petitioner with regard to the proper additions to the value of the net estate on account of insurance and refund of Federal income tax for the year 1950 have been waived by the petitioner, and these concessions will be reflected in the redetermination under Rule 50. The parties have also stipulated that the issues in regard to the deductions for executors' commissions...

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