1. Home
  2. Browse Decisions
  3. T.C.
  4. 66 T.C.
  5. 66 T.C. 484 (1976)
 

VERNON v. COMMISSIONER

Docket Nos. 4496-74, 4497-74.

66 T.C. 484 (1976)

JOHN H. VERNON, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT MARY E. VERNON, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed June 17, 1976.

Attorney(s) appearing for the Case

Drew R. Tillotson and John H. McGarvey, for the petitioners.

Edward J. Roepsch, for the respondent.

WILES, Judge:

Respondent determined gift tax deficiencies for the calendar quarter ending December of 1971 of $998.47 for John H. Vernon and $2,015.36 for Mary E. Vernon. The issue is whether, in valuing the gift in issue, the valuation method contained in section 25.2512-9(a)(1)(i) and (e), Gift Tax Regs., should be used or whether another valuation method is more acceptable.

FINDINGS OF FACT

Some...

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