ESTATE OF FORD v. COMMISSIONER

Docket No. 3925-67.

53 T.C. 114 (1969)

ESTATE OF EDWARD E. FORD, DECEASED, MANUFACTURERS HANOVER TRUST COMPANY, EXECUTOR, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed October 30, 1969.


Attorney(s) appearing for the Case

Alan J. Hruska and Richard M. Scharfman, for the petitioner.

Paul H. Frankel and Powell W. Holly, Jr., for the respondent.


STERRETT, Judge:

The Commissioner determined a deficiency of $1,510,444.90 in the estate tax liability of the Estate of Edward E. Ford, deceased. After allowance of a credit for State death taxes "if substantiated" of $556,309.22, the Commissioner asserts a net deficiency of $954,135.68.1

Due to certain concessions, the issues remaining for our decision are as follows:

(1...

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