THE LAW RELATING TO ESTATE DUTY. By Jackson Wolfe and
Douglas Dewar. (Oxford University Press. 15s. net.)—The Estate Duty is working a social revolution, none the less thorough because it is silent. Under its relentless pressure the great estates are disintegrating and the great country houses, stripped of their treasures, are ceasing to be occupied by their impoverished owners. The effects of the tax are obvious, but the details of its operation are little known save to a few experts. Mr. Wolfe and Mr. Dewar have done well to compile this careful statement of the law, as contained in twenty-five statutes from 1894 onwards and in numerous, decided cases. Lawyers, chartered accountants, and others who have to deal with property and taxes will and the text- book invaluable. We may add that Estate Duty, unlike Succession Duty, is levied on "the interest which ceases by reason of the death" and not on the interest to which. some person succeeds, which may be a good deal less valuable..
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