Walton v. Commissioner

id: walton-v-commissioner-282-16642680
title: Walton v. Commissioner
text: Walton v. Commissioner, 115 T.C. 589 (2000), a decision of the United States Tax Court in favor of taxpayer Audrey J. Walton, "ruled that a grantor's right to receive a fixed amount for a term of years, if that right is a qualified interest within the meaning of Section 2702(b), is valued for gift tax purposes under Section 7520, without regard to the life expectancy of the transferor." More simply, a grantor's estate's contingent interest in a grantor-created annuity upon the grantor's death do
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Walton_v._Commissioner
date created:
date modified: 2023-09-13T03:24:40Z
main entity: {"identifier":"Q7966801","url":"https://www.wikidata.org/entity/Q7966801"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/b/ba/Seal_of_the_United_States_Tax_Court.svg","width":720,"height":720}
fields total: 13
integrity: 14

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