Commissioner of Inland Revenue v Taylor - [1961] NZLR 923

Revenue — Death duties (estate duty) — Annuity granted by deceased's employer to deceased's wife in consideration of covenant by deceased in his lifetime to serve employer — Annuity "purchased or provided" by deceased — Effect of consideration not diminishing deceased's estate — Annuity "accruing or arising" on death of deceased — Death Duties Act 1921, s. 5 (1) (g).