net estate
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 288 U.S. 436 - Porter v. Commissioner · 1933Most cited · 459 citing opinions
The net estate as there used does not mean an amount to be ascertained as such under any general rule of law or under statutes governing the administration of estates, but is the gross estate as specifically defined in section 302 less deductions permitted by section 303.