Tax Court Says Redstone Stock Transfer Not A Taxable Gift

By Matt Sharp (October 26, 2015, 9:37 PM EDT) -- The estate of Edward Redstone, the younger brother of media mogul Sumner Redstone, scored a win in U.S. Tax Court on Monday in a battle linked to shares of family-owned theater company National Amusements Inc., successfully arguing that a transfer of stock was not a taxable gift....

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