6 Pages Posted: 25 Jun 2007
The Fifth Circuit applied res judicata in Davenport and the gift tax on 1980 gifts may finally be paid. The article details a long history of litigation culminating in this case.
Keywords: gift tax, estate tax, res judicata, collateral estoppel, transferee liability, valuation
Suggested Citation: Suggested Citation
Gerzog, Wendy C., Davenport: Res Judicata Applied. Tax Notes, Vol. 115, No. 12, 2007. Available at SSRN: https://ssrn.com/abstract=994791