Johann T. and Johanna Hess - Page 1

                                 T.C. Memo. 2003-251                                  


                               UNITED STATES TAX COURT                                


                     JOHANN T. AND JOHANNA HESS, Petitioners v.                       
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 10468-01.              Filed August 20, 2003.               

               Timothy C. Frautschi and Maureen A. McGinnity, for                     
          petitioners.                                                                
               George W. Bezold and Mark J. Miller, for respondent.                   


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               RUWE, Judge:  Respondent determined a deficiency of $261,950           
          in petitioner Johann Hess’s Federal gift tax for taxable year               
          1995.  Respondent also determined a deficiency of $261,950 in               
          petitioner Johanna Hess’s Federal gift tax for taxable year 1995.           
          The issue for decision is the fair market value under section               






Page:   1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011