Estate of Bruce v. Commissioner

Full Text of Court Cases
June 1, 1993
2086 Bottled and Canned Soft Drinks and Carbonated Waters
312111 Soft Drink Manufacturing
estate and gift taxation
gift tax

Estate of Bruce v. Commissioner
T.C. Memo 1993-244, 1993 Tax Ct. Memo LEXIS 245
Federal Court
United States Tax Court


Issue is whether, as a result of sale and redemption of stock of closely held corporation, Shirley A. Bruce made a taxable gift to her son and daughter-in-law, and if so, in what amount.