ESTATE OF AGNEW v. COMMISSIONER

Docket No. 6198-69.

34 T.C.M. 758 (1975)

T.C. Memo. 1975-173

Estate of Samuel A. Agnew, Deceased, Seattle-First National Bank and Samuel J. Agnew, Co-Executors v. Commissioner.

United States Tax Court.

Filed June 2, 1975.


Attorney(s) appearing for the Case

Charles F. Osborn, 14th Fl., Norton Bldg., Seattle, Wash., and J.M. Cunningham, for the petitioners. Richard Shipley, for the respondent.


Memorandum Findings of Fact and Opinion

HALL, Judge:

Respondent determined a deficiency of $7,396,001.95 in the Federal estate tax of the estate of Samuel A. Agnew. All issues have been settled by the parties except one. The sole issue for decision is how much, if any, of the executor's fee paid to Samuel Jay Agnew is deductible as an administration expense for estate tax purposes.

Findings of Fact

Some of the facts have been stipulated...

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