 | Law reports, digests, etc - 1928 - 1130 pages
...Зесиод 403 (a) (2) of the Revenue Act of 1918 (Сотр. St. § 6336 %d), which read as follows: "Sec. 403. That for the purpose of the tax the value...of a resident, by deducting from the value of the gross estate — • •••••• "(2) An amount equal to the value at the time of the decedent's... | |
 | Law reports, digests, etc - 1919 - 2026 pages
...by which said net estate exceeds $50,000.] "Sec. 203. Net Value of the Estate, How Determitied. — For the purpose of the tax the value of the net estate...of a resident, by deducting from the value of the gross estate — "(1) Such amounts for funeral expenses, administration expenses, claims against the... | |
 | Law reports, digests, etc - 1920 - 932 pages
...6336y2d. The latter section, in substance, Is as follows: "Net Value of Estate, How Determined.— For the purpose of the tax the value of the net estate...of a resident, by deducting from the value of the gross estate — (1) Such amounts for funeral expenses, administration expenses, claims against the... | |
 | Law reports, digests, etc - 1921 - 956 pages
...hie death of all property, real or personal, tangible or intangible, wherever situated." Section 203: "For the purpose of the tax the value of the net estate...of a resident, by deducting from the value of the gross estate (1) such amounts for funeral expenses, administration expenses, claims against the estate,... | |
 | Law reports, digests, etc - 1917 - 1258 pages
...gross estate shall be determined ; section 203, that the value of the net estate shall be determined in the case of a resident by deducting from the value of the gross estate "(1) [Certain allowances, as hereinafter particularly stated] ; (2) an exemption of $50,000."... | |
 | Harris, Forbes & Co., New York - Income tax - 1916 - 140 pages
...time of the transfer or the creation of the trust, or at the time of the decedent's death. Sec. 203. That for the purpose of the tax the value of the net...of a resident, by deducting from the value of the gross estate — (1) Such amounts for funeral expenses, administration expenses, claims against the... | |
 | United States, Guaranty Trust Company of New York - Inheritance and transfer tax - 1917 - 66 pages
...Allowed Exemption NonResidents,. Deductions Allowed When Tax Due Discount Allowed Penalty SBC. 203. That for the purpose of the tax the value of the net...of a resident, by deducting from the value of the gross estate — (1) Such amounts for funeral expenses, administration expenses, claims against the... | |
 | Savings Union Bank and Trust Company - Excess profits tax - 1917 - 88 pages
...creation of the trust, or at the time of the decedent's death. Net Estate, How Determined. Sec. 203. That for the purpose of the tax the value of the net...of a resident, by deducting from the value of the gross estate — (1) Such amounts for funeral expenses, administration expenses, claims against the... | |
 | Lafayette Blanchard Gleason, Alexander Otis - Gifts - 1917 - 908 pages
...non-resident decedent, are a portion of this gross estate within the United States. THE NET ESTATE. SBC. 203. That for the purpose of the tax the value of the net...of a resident, by deducting from the value of the gross estate — (1) Such amounts for funeral expenses, administration expenses, claims against the... | |
 | Joseph Warren - Executors and administrators - 1917 - 906 pages
...time of the transfer or the creation of the trust, or at the time of the decedent's death. SEC. 203. That for the purpose of the tax the value of the net...of a resident, by deducting from the value of the gross estate — (1) Such amounts for funeral expenses, administration expenses, claims against the... | |
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That for the purpose of the tax the value of the net estate shall be determined— (a) In the case of a resident, by deducting from the value of the gross estate... 
