The Commissioner determined a deficiency of $4,973.97 in petitioner's gift tax for 1943 by adding to the value of gifts reported $24,286.96 representing the determined value of petitioner's agreement to pay his divorced wife specified monthly amounts from the time of her remarriage through 1955. This provision was one of many in a separation agreement, incorporated in the divorce decree, whereby the parties made a division of property and gave a mutual release from all marital...
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