# Appeal of the Farmers' Loan & Trust Co.

> United States Board of Tax Appeals · February 18, 1926 · 3 B.T.A. 884

URL: https://www.frixlaw.com/law-library/cases/6801727

## Case

- **Full name:** Appeal of THE FARMERS' LOAN & TRUST CO. and ISABELLE W. TILFORD, Executors, Estate of HENRY MORGAN TILFORD
- **Court:** United States Board of Tax Appeals
- **Decided:** February 18, 1926
- **Citations:** 3 B.T.A. 884
- **Precedential status:** Published
- **Opinion:** Opinion of the court by Smith
- **Judges:** James, Littleton, Smith, Trttssell
- **Cited by:** 1 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/6801727

## Opinion text

*885 OPINION.
Smith
: The asserted deficiency in this appeal rests entirely upon the. claim of the Commissioner that the New York State transfer tax is not an allowable deduction from gross income. Both the courts amd the Board have held otherwise. Keith v. Johnson, 3 Fed. (2d) 361; Farmers' Loan & Trust Co. v. United States, 9 Fed. (2d) 688; Appeal of Edgar Munson, 3 B. T. A. 185; Appeal of Farmers Loan & Trust Co., 3 B. T. A. 97.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/6801727. Public record. Not legal advice.