Davenport: Res Judicata Applied
Wendy C. Gerzog
University of Baltimore - School of Law
Tax Notes, Vol. 115, No. 12, 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.
Number of Pages in PDF File: 6
Keywords: gift tax, estate tax, res judicata, collateral estoppel, transferee liability, valuation
Date posted: June 25, 2007