The Tax Counselor's Quarterly, Volume 2

absentee absentee's administration amount apply assets bail-out basis beneficiary capital gain cash clause client Comm Commissioner common stock constructive ownership rules corporation death decedent decedent's decision deficiency notice depletion disposition distribution earnings and profits effect employee exchange executor expenses federal estate tax filing fire clay fund gift tax gross estate held income tax insurance proceeds insured's inter vivos trust interest Internal Revenue Code Internal Revenue Service jurisdiction marital deduction ment Nicholas ordinary income paid partner partnership period person petition preferred stock premium payment presumption presumption of death probate problem provisions Prunier purchase regulations reorganization result section 306 stock settlor shareholders shares Stat statute statutory stock dividend stock received stock redemption stockholder subparagraph supra note Tax Court tax-free taxable Taxation taxpayer tion transaction transfer Treasury treated trust trust instrument U. S. Treas United wife York