CORPORATE STOCK AND INHERITANCE TAXATION

Authors

Abstract

News of the recent election includes the item that the state of Florida, in addition to climate, now offers constitutional exemption from state income and inheritance taxation as an attraction to elderly persons of wealth to make that state their home. In most of our states the effort is in the other direction, to include within the scope of the inheritance tax law everything that the state may reach without running afoul of constitutional inhibitions on legislative action. A discussion of all the varied and interesting situations which test the limit of the power of taxing inheritances would run far beyond the limits of this short comment, the purpose of which is to point out briefly some recent problems in the taxing of the succession of the shareholder's interest in corporate stock.

Recommended Citation

CORPORATE STOCK AND INHERITANCE TAXATION, 23 Mich. L. Rev. 272 (1925).
Available at: https://repository.law.umich.edu/mlr/vol23/iss3/5