The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1900-08-15
TAXES ON LEGACIES.
Summary of Laws Imposed by Federal
Government.

| Summary of Laws Imposed by Federal
Government
Many may be interested in the fol-
| lowing summary of the laws relating to
legacy taxes as imposed by the Federal
government:
Where the whole amount of personal
| property is made UP Of legacies, or dis
| tributive shares, any one of which ex-
ceeds $4,000 in actual value, passing
from any person on or after June 49,,
| 1898. taxes accrue and should be paid
! before distribution to the legatees, as
follows: Personal property valued over
$4,000 and not over $4,000, the tax
shall be:
1. Legatees of lineal issue or lineal an
cestor, brother or sister to the person
who died. for each and every s10O clear
value rs cents
2. Legatee, the descendant of a broth
er or sister of the person who died for
each and every S100 clear value $1.5O.
8. Where legatee Is the brother or sis
ter of the father or mother, or a de-
scendant of the brother or sister of the
father or mother of the person who
died. for each and every 500 clear
value, $3.50.
8. Where legatee is the brother or sis
ter of the father or mother, or a de-
scendant of the brother or sister of the
father or mother of the person who
died, for each and every $500 clear
value, SO.
4. Where legatee Is the brother or sis
ter of the grandfather or grandmother,
or a descendant of the brother OF sister
of the said grandparents of the person
who died, for each and every $l00 clear
value, 81.
S. Where legatee shall be in any other
degree of collateral consanguinity than
is hereinbefore stated, or stranger in
blood to the person who died, or shall
be body polite or corporate, for each
and every $100 clear value, SIS.
Provided, that all legacies, etc, pass
ing to husband or wife of the person
who died shall be exempt from tax or
duty.
Where values of legacy or property
exceed S25,000, the rate hereinbefore
given should be multiplied as follows:
Over $4,000 and not over 100000 by
/ 1-2.
Over 100000 and not over $5OO0o0 by
over 100000 and not over $1OOO,oOO
by 1-2
Over $1,0000OO, by 8.
Opinions Of the United States SUI
preme court MAY IA, 1909 (Vol. 3,
treas dec $500, Ma. 1891
The act of June 10, 1898, declared con-
stitutional. The tax is not direct with
in the meaning of the constitution, but,
on the contrary, Is duty or excise.
The uniformity clause of the constitu-
ton relates only to geographical uni
formity
The whole amount of such personal
property as aforesaid relates to the
sum of each legacy or dstributive share
considered separately. Legacies not
exceeding $4,000 are not taxed The
rate of tax is progressively increased by
the amount of each separate legacy or
distributive share, and not by the
whole amount of the personal estate of
the deceased from which the legacies or
distributive shares were derived.
(Knowlton ct al VS.. Moore collector)
The proposition that bonds of the Uni
ted States and the income therefrom
are not lawfully taxable under an in
heritance tax law of the United States,
because exempted by contract from
such tax, has been decided not to be
well founded, in the case of Murdoch
executor, VS. John G. Ward, collector