Frost v. Commissioner

Board of Tax Appeals

Frost v. Commissioner

12 B.T.A. 1295, 1928 BTA LEXIS 3364

United States Board of Tax Appeals·Decided July 12, 1928·No. Docket No. 10441.·Published·Cited by 1 cases

Opinion

.opinion.

Arundell:

Under the decision in Keith v. Johnson, 271 U. S. 1, relating to inheritance taxes paid to the State of New York, and our decisions in Oliver Prescott, et al., 8 B. T. A. 582, and Blanche O’Brien, et al., 10 B. T. A. 682, relating to similar taxes paid to the [1296]*1296State of New Jersey, the petitioners are entitled to deduct from income of the estate for 1919 the taxes paid to those States in the respective amounts of $86,950.76 and $13,426.75. Aside from the authorities cited, the deductions here claimed are allowed under Section 703(a) of the Revenue Act of 1928.

Judgment will be entered wider Bule 50.

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.opinion.

Arundell:

Under the decision in Keith v. Johnson, 271 U. S. 1, relating to inheritance taxes paid to the State of New York, and our decisions in Oliver Prescott, et al., 8 B. T. A. 582, and Blanche O’Brien, et al., 10 B. T. A. 682, relating to similar taxes paid to the [1296]*1296State of New Jersey, the petitioners are entitled to deduct from income of the estate for 1919 the taxes paid to those States in the respective amounts of $86,950.76 and $13,426.75. Aside from the authorities cited, the deductions here claimed are allowed under Section 703(a) of the Revenue Act of 1928.

Judgment will be entered wider Bule 50.

Frost v. Commissioner, 12 B.T.A. 1295, 1928 BTA LEXIS 3364 (bta 1928).

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Opinion

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