Estate of Maggos v. Commissioner
T.C. Memo 2000-129, 79 T.C.M. 1861
April 11, 2000
United States Tax Court
Kenneth McGraw (for taxpayer)<br>Robert Reilly (for taxpayer)<br>David N. Fuller (for IRS)
The issue in this case is whether the decedent's redemption of 567 shares to Pepsi-Cola Alton Bottling Inc. (PCAB) was indeed a gift to her son, who ran the company.