Show REVENUE TAXES ON DECEDENTS DECEDENTS' ESTATES According to a circular received bythe by bythe bythe the collector of internal revenue the revenue act of September 8 1916 levies a tax not only on transfers of estates in charge of administrators and executors but on transfers of certain certain tam tain other property of decedents which may not come into the hands of an executor or administrator and of the existence of which they may not have h had hd d knowledge It also levies a tax c on the interest of a decedent in ina ina ina a joint bank banle account Executors cannot cannot cannot can can- not be forced however to make re reI returns returns re- re I turns unless the property of all kinds exceeds In gross value of 50 50 I In net value Under this act all property of a nonresident however conveyed conveyed conveyed con con- or administered is subject to taxation The law however applies only to the estates of those dying after September 8 1916 |