Summary

George Sutherland Industrial Trust Company v. United States…

Petitioners, as executors of the estate of William M. Greene, who died in 1930, filed an estate tax return and paid the amount of the federal estate tax disclosed thereby. A paid-up life insurance policy of $42,000 was omitted from the return. The Commissioner of Internal Revenue declared a deficiency and included the amount of this policy in the gross estate.
Source: Wikisource

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