 | Law - 1920 - 932 pages
...executor be entitled to reimbursement out of any part of the estate still undistributed or by a jutt and equitable contribution by the persons whose interest...be paid out of the estate before its distribution." Counsel submits that the words "Just and equitable contribution," which words I have italicized, were... | |
 | Law reports, digests, etc - 1919 - 1046 pages
...charges against the estate. The concluding words of section 208 (US Сотр. St 1916, § 6336^1), "It being the purpose and Intent of this title that...be paid out of the estate before its distribution," are unmistakable in their purport that the death duty Is imposed upon the estate and payable out of... | |
 | Law reports, digests, etc - 1921 - 956 pages
...the tar to the collector or deputy collector of Internal revenue. Section 208 states that— It is "the purpose and intent of this title that so far...be paid out of the estate before its distribution." Section 209 provides that — "Unless the tax is sooner paid in full, it shall be a lien for ten years... | |
 | Law reports, digests, etc - 1919 - 1082 pages
...against the estate, and declares it to be the purpose and intent of the act that so far as is practical, and unless otherwise directed by the will of the decedent, the tax shall be paid out of the estate before distribution. Section 208. [1,2] This is not a direct tax. If it were it would be unconstitutional.... | |
 | Harris, Forbes & Co., New York - Income tax - 1916 - 140 pages
...the persons whose interest in the estate of the decedent would have been reduced if the tax had ben paid before the distribution of the estate or whose...distribution. Sec. 209. That unless the tax is sooner paid in Tax Lien full, it shall be a lien for ten years upon the gross on Estate estate of the decedent, except... | |
 | Savings Union Bank and Trust Company - Excess profits tax - 1917 - 88 pages
...such excess part of the tax, interest shall be added thereto at the rate of ten per centum per annum, and the amount of such excess shall be a lien upon...209. That unless the tax is sooner paid in full, it shall be a lien for ten years upon the gross estate of the decedent, except that such part of the gross... | |
 | United States. Office of Commissioner of Internal Revenue - Taxation - 1917 - 308 pages
...court of the United States, in the name of the United States, to subject the property of the iecedent to be sold under the judgment or decree of the court....209. That unless the tax is sooner paid in full, it shall be a lien for ten years upon the gross estate of the decedent, except that such part of the gross... | |
 | Lafayette Blanchard Gleason, Alexander Otis - Gifts - 1917 - 908 pages
...paid before the distribution of the estate or whose interest is subject to equal or prior liabilities for the payment of taxes, debts, or other charges...the tax shall be paid out of the estate before its distribution.ART. XXXVI. Collectors should not bring proceedings for the collection of estate tax without... | |
 | Law - 1918 - 246 pages
...the estate of the decedent would have been reduced if the tax had been paid before the disttribution of the estate or whose interest is subject to equal...209. That unless the tax is sooner paid in full, it shall be a lien for ten years upon the gross estate of the decedent, except that such part of the gross... | |
 | Electronic journal.s - 1919 - 216 pages
...tax is laid on the value of the net estate after allowing certain exemptions provided for in the act. "It being the purpose and intent of this title that...decedent the tax shall be paid out of the estate before distribution.'" A general view of the terms of the law lends force to the view expressed by the Vice... | |
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... equitable contribution by the persons whose interest in the estate of the decedent would have been reduced if the tax had been paid before the distribution of the estate or whose interest is subject to equal or prior liability for the payment of taxes,... 
