Equity Trust Company v. Interactive Brokers LLC

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that obligation to pay tax where the imposition of said tax was a certainty, although the amount was uncertain but estimable, could reduce the amount of the gift
• recognizing donee’s ability to deduct additional gift taxes due under statement of deficiency in calculating net gift
• distinguishing gift reduction for definite tax liability from speculative contingencies

Source: CourtListener parenthetical corpus (CC0).