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Netland v. Baughman

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eBook details

  • Title: Netland v. Baughman
  • Author : Colorado Supreme Court
  • Release Date : January 24, 1945
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 54 KB

Description

During the year 1944 defendant in error, hereinafter called donor, made certain gifts of personal property, consisting of stocks and bonds, to his wife and sons. On February 28, 1945, he filed with the Inheritance Tax Commissioner, on forms supplied for such purpose, his gift tax return, setting forth pertinent information concerning said gifts as required by law. Later, and on July 20, 1945, said donor filed with the commissioner an amended return, adding an item which had been inadvertently omitted from the original return. Differences arose between the commissioner and donor with respect to the value of said gifts, and as a result thereof, many conferences were held, and much correspondence exchanged in relation thereto. All negotiations between the parties were terminated July 16, 1947, upon the rejection by the commissioner of donors proposal.


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