ESTATE OF BARGE v. COMMISSIONER

Docket No. 230-92.

73 T.C.M. 2615 (1997)

T.C. Memo. 1997-188

Estate of Bonnie I. Barge, Deceased, C. Richard Barge, Executor v. Commissioner.

United States Tax Court.

Filed April 23, 1997.


Attorney(s) appearing for the Case

Harris H. Barnes III and John V. Eskrigge, Jackson, Miss., for the petitioner. Robert W. West, for the respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

HALPERN, Judge:

Respondent determined deficiencies in Bonnie I. Barge's Federal gift tax for 1987 and 1988 in the amounts of $5,547,988 and $4,000, respectively. Respondent also determined an addition to tax under section 6660 in the amount of $1,664,396 for 1987. Respondent has since conceded that no addition to tax under section 6660 is due. We accept that concession...

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