State Tax Comm'n v. Aldrich - 316 U.S. 174 (1942)
U.S. Supreme Court
State Tax Comm'n v. Aldrich, 316 U.S. 174 (1942)
State Tax Commission of Utah v. Aldrich
Argued March 12, 1942
Decided April 27, 1942
316 U.S. 174
A State may, consistently with the Fourteenth Amendment, impose a tax upon a transfer by death of shares of stock in a corporation which is incorporated under its laws, even though the decedent, of whose estate the share were a part, was domiciled at the time of death in another State, where the certificates representing the shares were held, though the certificates were never within the State of incorporation, and though, for many years, the corporation had kept its stock books, records, and transfer agents in the State where decedent was domiciled, and had maintained none of these in the State of incorporation. First National Bank v. Maine, 284 U. S. 312, overruled. P. 180.
116 P.2d 923 reversed:
Certiorari, 315 U.S. 789, to review the affirmance of a declaratory judgment that the transfer of stock by death, here involved, was not subject to tax under the Utah Inheritance Tax Law.