(3) If deductible by the beneficiary, when is a cash basis beneficiary entitled to a deduction for interest expense? (4) What is the income tax effect to beneficiaries who receive dis tributions from the estate where the testator has designated that such distribution is to pass free of inheritance taxes? Decision: (1) An estate may not deduct interest on inheritance taxes, as such obligation is ultimately that of the beneficiary. (2) Interest on inheritance taxes is deductible by the beneficiary subject to the tax. Accrual basis taxpayers may deduct when all events have transpired to fix the liability.
(Franz) Joseph Haydn, composer of the Classical Era-Born - 1732 in Rohrau, Austria Died-May, 1809 in Vienna, Austria Major works include - 15 surviving Operas, 104 Symphonies, Violin and keyboard concertos, Chamber music and songs, 12 Masses.
By John Suchet. From his earliest days as a prodigy in Bonn, Ludwig van Beethoven 's great ambition had been to travel to Vienna to meet-and take lessons with-the man he knew was the greatest living composer, Wolfgang Amadeus Mozart.ozart was in no mood to receive him. His health was plaguing him-his untimely death at the age of 35 was less than five years away-and he did not relish having to stop work to listen to a child prodigy from somewhere hundreds of miles away. Play something, he told Beethoven.