Decree unanimously reversed, without costs, application granted and pro forma tax order amended to fix tax at $21,668.13.
Memorandum:
In their estate tax return the executors deducted as charitable gifts five bequests, totaling $35,000, to private not-for-profit cemetery corporations, and a pro forma tax order was entered thereon, fixing the tax at $19,640.11. The Internal Revenue Service disallowed the bequests as tax deductible in the Federal...
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