 For purposes of the tax imposed by section 2001, the value of the taxable estate shall, except as limited by subsections (b), (c), and (d), be determined by deducting from the value of the gross estate an amount equal to the value of any interest in property...  Reports of the Tax Court of the United States - Page 189by United States. Tax Court - 1975Full view - About this book
 | United States - Law - 1983 - 968 pages
...by subsection (b), be determined by deducting from the value of the gross estate an amount equal to the value of any interest in property which passes...included in determining the value of the gross estate. (b) Limitation in the case of life estate or other terminable interest (1) General rule Where, on the... | |
 | United States. Office of Commissioner of Internal Revenue - Internal revenue - 1943 - 1504 pages
...Act. In general, under this new subsection a deduction is allowed for the value of an amount equal to any interest in property which passes or has passed from the decedent to his surviving spouse, the aggregate amount of such deductions being limited to 50 percent of the value of the adjusted... | |
 | United States. Congress. Senate. Committee on Finance - Income tax - 1948 - 678 pages
...DEDUCTION. — "(A) In General. — An amount equal to the value of any interest In property passing from the decedent to his surviving spouse, but only...included in determining the value of the gross estate. "(B) Life Estate or Other Terminable Interests. — Where, upon the lapse of time, upon the occurrence... | |
 | United States. Congress. Senate. Committee on Finance - 1948 - 686 pages
...DEDUCTION. — "(A) In General. — An amount equal to the value of any interest in property passing from the decedent to his surviving spouse, but only...included in determining the value of the gross estate. "(B) Life Estate or Other Terminable Interests. — Where, upon the lapse of time, upon the occurrence... | |
 | Administrative law - 1970 - 344 pages
...(b), (c), and (d), be determined by deducting from the value of the gross estate an amount equal to the value of any interest in property which passes...included in determining the value of the gross estate. Marital deduction; in § 20.2056(a)-l general. (a) A deduction is allowed under section 2056 from the... | |
 | Administrative law - 1968 - 322 pages
...(b), (c), and (d) , be determined by deducting from the value of the gross estate an amount equal to the value of any interest in property which passes...included in determining the value of the gross estate. § 20.2056(a)-l Marital deduction; in general. (a) A deduction is allowed under section 2056 from the... | |
 | United States. Internal Revenue Service - Internal revenue - 1949 - 1070 pages
...Act. In general, under this new subsection a deduction is allowed for the value of an amount equal to any interest in property which passes or has passed from the decedent to his surviving spouse, the aggregate amount of such deductions being limited to 50 percent of the value of the adjusted... | |
 | Administrative law - 1990 - 1006 pages
...At the time of the decedent's death a deduction is not allowable solely because of the failure of an interest in property which passes or has passed from the decedent to a person, or for a use, described in section 2055(a) to meet the requirements of section 2O55(e)(2)(A),... | |
 | Administrative law - 1987 - 728 pages
...At the time of the decedent's death a deduction is not allowable solely because of the failure of an interest in property which passes or has passed from the decedent to a person, or for a use, described in section 2055(a) to meet the requirements of section 2055(e)(2)(A),... | |
 | United States, Walter Elbert Barton - Income tax - 1950 - 1126 pages
...marital deduction.— (A) In General.—An amount equal to the value of any interest in property u'hich passes or has passed from the decedent to his surviving...included in determining the value of the gross estate. (B) Life Estate or Other Terminable Interest.— Where, upon the lapse of time, upon the occurrence... | |
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