This is a suit to recover $208,235.54 in income taxes paid on a long term capital gain realized from the sale of assets held in trust. The precise question to be decided by the court is whether or not gifts made in contemplation of death which are included in a decedents gross estate for estate tax purposes under section 811(c) of the Internal Revenue Code of 1939, 26 U.S.C.A. (I.R.C. 1939) § 811...
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